Udfhut1712 Udfhut1712
  • 18-03-2024
  • Business
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You receive R2500 from your grandfather on your birthday. You decide to invest the money in the bank for you studies four years from now. The bank gives you the following two options.
a) Invested at 8% compound interest pa for the four year
b) Invested at 7,5% simple interest pa for the four years.

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