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Joshua graduated from college and began working in the family restaurant business. At the end of the third month of the first year, he began
Joshua graduated from college and began working in the family restaurant business. At the end of the third month of the first year, he began putting R7 440,00 per quarter in an individual retirement account and contributed to it for ten years. The account earned interest at 11% per annum, compounded quarterly. What amount was available to him after the ten years? Select one: a. R1 614 466,15 b. R530 235,00 c. R179141,07 d. R22 021,46
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