Mathematics, 27.07.2021 20:00 arpita111

Mr mahlangu invests R10000 to pay for labola. After 48 months he receives R65000. the interest on the investment is compounded quarterly. Determine the yearly interest rate at which the money was invested. give your answer as a percentage

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Mr mahlangu invests R10000 to pay for labola. After 48 months he receives R65000. the interest on th...

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Mr mahlangu invests R10000 to pay for labola. After 48 months he receives R65000. the interest on the investment is compounded quarterly. Determine the yearly interest rate at which the money was invested. give your answer as a percentage​

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Mr mahlangu invests R10000 to pay for labola. After 48 months he receives R65000. the interest on the investment is compounded quarterly. Determine the yearly interest rate at which the money was invested. give your answer as a percentage