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Scottie is going to inherit R500 000 three years from now. 10% of the interest rate compounded semi-annually is used as the discount rate. Which

Scottie is going to inherit R500 000 three years from now. 10% of the interest rate compounded semi-annually is used as the discount rate. Which of the following values is closest to the amount that he should accept today for the right to her inheritence?

a. R665 500

b. R375 657

c. R373 108

d. R670 048

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