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R50 000 is invested for a period of five years at 5% interest calculated bi-annually. What is the total interest for the period if simple
R50 000 is invested for a period of five years at 5% interest calculated bi-annually. What is the total interest for the period if simple interest is added? Slight rounding differences may occur - choose the alternative that is closest to your answer.
(a) R25 000
(b) R12 500
(c) R2 500
(d) R9 200
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