Fowler Paul
05/25/2024 · Elementary School
bongile, the manager of a construction company, is renovating a home and has expenses of R200 000 - onths" time. As he finds it difficult to find the cash now, he proposes to settle all the debt after six mon ebt is subject to an interest rate of \( 9,5 \% \) per annum, compounded quarterly. What is the value of the p. f month six?
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The present value of the debt after six months is R209,612.81.
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