Question: Moipone intends to open a small fabric shop and borrows the money for it from her aunt Tshepo. Moipone feels that she will only be

Moipone intends to open a small fabric shop and borrows the

Moipone intends to open a small fabric shop and borrows the money for it from her aunt Tshepo. Moipone feels that she will only be able to start repaying her debt after three years. Moipone will then pay aunt Tshepo R105 000 per year for five years. Money is worth 19,5% per year. The amount of money that aunt Tshepo originally lent Moipone is

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