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What single amount can be invested on 01/09/2019, instead of R1960 at the beginning of every 2-month period, for exactly 6 years (the first investment
What single amount can be invested on 01/09/2019, instead of R1960 at the beginning of every 2-month period, for exactly 6 years (the first investment is made on 01/09/2019), if interest is earned at a rate of 8.044% per year? (Give your answer rounded to 2 decimal places. If you think the answer is R1012.3456, type in 1012.35)
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