Riley Brewer
02/26/2023 · Middle School
7 years after account, he immediately epannes opened a savings account 20 years ago. On opening the accoed R4 000 . He added a further R10 000 ten years ago. Five years ago, he withdrew 5000 to contribute towards his uncle's funeral. The effective annual interest rate on the ccount is \( 7,2 \% \) p.a. How much money is in the account today?
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The total amount in the account today is approximately R29,349.
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