Jacob invests an amount of money in an account earning 13,88% interest per year,...
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Jacob invests an amount of money in an account earning 13,88% interest per year, compounded weekly. After five years, this amount has accumulated to R50 000. What was the amount that was invested initially?
[Answer format: Rdd ddd,dd (R: rand; d: digit)]
[Example of an answer in the correct format: R12 345,67]
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