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The impact of COVID - 1 9 on the lives of many was a wake - up call to the need for savings. Many people
The impact of COVID on the lives of many was a wakeup call to the need for savings. Many people lost jobs and sources of income. Saving for the unforeseen future is a measure that will likely curb the impact of such occurrences.
You have started saving for such challenging times by investing R at the end of each month for five years. If the interest on your investment is per annum, how much should you have at the end of years?
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