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Posted on Jul 26, 2024

If R 1 0 , 0 0 0 was invested 6 years ago and has now grown to R 1 5 , 0 0 0

If R

10, 000

was invested

6

years ago and has now grown to R

15, 000,

the rate of interest earned, assuming the interest rate was compounded annually, was:

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