Romero Wyatt
05/16/2024 · Elementary School
accumulated in the account at the end of 9 years. 2. R28 560 is invested at \( 14 \% \) p.a., compounded annually, for 2 years, at which time the interest rate changes to \( 11,5 \% \) p.a., compounded annually. Calculate the total value of the investment at the end of 6 years.
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The total value of the investment at the end of 6 years is approximately R55,000.00.
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