angelmulweli11 angelmulweli11

14-09-2022
Mathematics

Answered

Lenie deposits R12 000 in an account and 4 years later R6 000 in the same account. The compound rate of interest that is compounded annually was 9% per annum for the first 3 years and 7% per annum for the rest of the period. How much will she have in the account at the end of 8 years? (6)

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