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Question 3 Michael Jansen invests R19 520 for 10 years , with simple interest calculated at 8 and 3/4 % per year , what if

Question 3 Michael Jansen invests R19 520 for 10 years , with simple interest calculated at 8 and 3/4 % per year , what if the amount end of the year ?

Mandla wants to invest at a bank at simple interest rate of 7,25% p.a That will yield a future value of R 119 387,50 after 6 years. Determine the principal to be invested .

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