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- R120 000 was invested in the bond market for 5 years. The interest rate was fixed at 11,25% p.a. compounded quarterly for the first
- R120 000 was invested in the bond market for 5 years. The interest rate was fixed at 11,25% p.a. compounded quarterly for the first 3 years and was then changed to 9,75% p.a. compounded monthly. 3 One withdrawal of R40 000 was made after 18 months. Calculate how much money was available at the end of the 5 years
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Gender And Finance
Authors: Ylva Baeckström
1st Edition
103205557X, 978-1032055572
