Question: Interest is calculated at 1 3 % per annum. compounded monthly. What is worth more: ( 1 ) R 2 0 0 0 0 now,

Interest is calculated at 13% per annum. compounded monthly. What is worth more: (1) R20000 now, or R28000 three years from now? (2) R34000 two years ago, or R65000 three years from now

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