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The interest rate with annual compounding that makes R 3 , 0 0 0 grow to R 3 , 6 0 6 in 5 years

The interest rate with annual compounding that makes R 3,000 grow to R 3,606 in 5 years is:
Question 1Answer
a.
3.79%
b.
3.77%
c.
3.75%
d.
3.73%

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