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Jack Nicholson invests R100 000 today for 18 years at FNB Bank. How much will it beworth if he could get 24% interest, compounded one

Jack Nicholson invests R100 000 today for 18 years at FNB Bank. How much will it beworth if he could get 24% interest, compounded one time per annum. How much will his investment be worth at the end of 18 years?

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