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Your neighbour offers you an investment opportunity. This investment requires a single payment of R10 000 at the end of today, which is at the

Your neighbour offers you an investment opportunity. This investment requires a single payment of R10 000 at the end of today, which is at the end of the month, where at the end of every six months this investment will realise a return of R1 500. If the investment needs to grow at 7% per year (NACSA), to beat inflation of 6%, how much value will this investment add over five years?

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