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QUESTION 7 I VRAAG 7 Your neighbour offers an investment opportunity that will pay a lump sum of R820 000 five years from today (at
QUESTION 7 I VRAAG 7 Your neighbour offers an investment opportunity that will pay a lump sum of R820 000 five years from today (at the end of the year). The investment requires a single payment of R70 000 today at the end of the day. What is the annual nominal rate of return on this investment? / Jou buurman bied 'n beleggingsgeleentheid aan wat 'n enkelbedrag van R820 000 sal betaal vyf jaar van vandag af (aan die einde van die jaar). Die belegging vereis 'h enkele betaling van R70 000 aan die einde van vandag. Wat is die jaarlikse nominale opbrengskoers op hierdie belegging
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