SOLUTION: an ivestor would like his investment to grow to R550 000 by the end of its term. How much should the investor invest now if the term is 11 years and the intrest rate is 14%?

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Question 729589: an ivestor would like his investment to grow to R550 000 by the end of its term. How much should the investor invest now if the term is 11 years and the intrest rate is 14%?
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