What amount must be invested today so that it will be worth R20 000, 5 years...
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What amount must be invested today so that it will be worth R20 000, 5 years from now. You will earn 7% interest per annum on the amount. Select only the closest correct option from the following (A, B, C and D). A. R25 819,02 B. R14 259,72 C. R12 197,36 D. R28 051,03 What amount must be invested today so that it will be worth R20 000, 5 years from now. You will earn 7% interest per annum on the amount. Select only the closest correct option from the following (A, B, C and D). A. R25 819,02 B. R14 259,72 C. R12 197,36 D. R28 051,03
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Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
Posted Date:
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