SOLUTION: 1. The accumulated sum of R12000 invested at a continuous rate of 16,5% per annum, for a period of five years is?
2.
Mary deposits R400 every three months into a bank account e
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Question 1164253: 1. The accumulated sum of R12000 invested at a continuous rate of 16,5% per annum, for a period of five years is?
2.
Mary deposits R400 every three months into a bank account earning interest at 16% per year, compounded quarterly. The approximate time that it will take Mary to save R40000 is
Answer by ikleyn(52786) (Show Source): You can put this solution on YOUR website!
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