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Question 11 Not yet answered You are planning to take a holiday in France when your current savings of R10 000 reach R20 000. If

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Question 11 Not yet answered You are planning to take a holiday in France when your current savings of R10 000 reach R20 000. If you plan to take your holiday at the end of 5 years from now, what annual rate of interest will you have to earn on your savings account? Marked out of 2.00 P Flag question Select one: A. 27.25 B. 15.28% C. 14.87% O D. 12.03% Questo 12 Not yet answered You are planning to take a holiday in France when your current savings of 000 R20 000 If you are willing to wait 7 years before taking your holiday, what annual rate of interest would be necessary on your savings account? Marked out of 2.00 P Flag question Select one: A. 11.72% B. 15.62% C. 10.41% D. 23.88%

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