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Question 3 Consider the data in the table below for your options in savings: Year 1 Savings R1000 Savings Year 2 Year 3 R1200

Question 3 Consider the data in the table below for your options in savings: Year 1 Savings R1000 Savings Year 2 Year 3 R1200 R1500 Annual Interest Rate of 5% i. How much money will you have in the Bank 3 years from now? (7 Marks)

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