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What a period of five years is

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Problem 1: The accumulated sum of R12 000 invested at a continuous rate of 16,5% per annum, for a period of five years is

Option [1] R14 748,73.

Option [2] R36 049,99.

Option [3] R23 217,51.

Option [4] R27 382,57.

Option [5] none of the above

Reference no: EM132621003

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