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Question 12 Assuming a discount rate of 7.25%, in how many years' time will R7 000 be worth R20 000? (1) 9 years (2) 10

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Question 12 Assuming a discount rate of 7.25%, in how many years' time will R7 000 be worth R20 000? (1) 9 years (2) 10 years (3) 13 years (4) 15 years (5) 20 years

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