[Solved] QUESTION 1 (5) Three years from now, you

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QUESTION 1 (5) Three years from now, you want to buy a vehicle to the value of R150,000. What is the amount that you must

QUESTION 1 (5) Three years from now, you want to buy a vehicle to the value of R150,000. What is the amount that you must invest now at 10% compound interest per annum to reach your goal of R150,000 at the end of the 3-year period?

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