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Investec has offered young entrepreneurs an opportunity to invest with their money market division at 15% per annum for a minimum of 5 years SIMPLE INTEREST. Joan Botha decides to take working capital for her sewing business in Edenvale. How much will she pay back in total if she borrows R35 000 for the maximum period of 5 years. Investec has offered young entrepreneurs an opportunity to invest with their money market division at 15% per annum for a minimum of 5 years SIMPLE INTEREST. Joan Botha decides to take working capital for her sewing business in Edenvale. How much will she pay back in total if she borrows R35 000 for the maximum period of 5 years.
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If Joan Botha borrows R35000 for the maximum period of 5 years at a 15 ... View the full answer
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
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