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Posted on May 18, 2024

if you wanted to receive R 1 0 5 0 0 per month for the next 1 0 and a half years from a financial

if you wanted to receive R

10 500

per month for the next

10

and a half years from a financial institution that offers an interest rate of

8 %

per annum compounded monthly, how much would you have to invest today

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