Li Donnelly
09/22/2023 · Junior High School
Justice landed a job which remunerated him R27 526,50 monthly. He decider pen an investment account and deposit \( 11 \% \) of his salary at the end of ey honth, earning interest of \( 7,9 \% \) p.a. compounded monthly for 8 years. What amount will be in the investment account at the end of 8 years?
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The amount in the investment account after 8 years will be approximately R342,000.00.
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