On 5 April Jojo invested R75 000 in an amount paying 8,37% interest per year, compounded monthly. Interest is credited on the 1st of every month. Jojo wants to buy a second hand car for her courier business in Pretoria CBD. She will move into her new premises on 21 November of the same year. If simple interest is used for odd period calculations and compound interest for the full term, then the amount of money that Jojo will have available in the amount on 21 November is A. R79 002,95. B. R79018,82. C. R78 955,68. D. R79020,96