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Sonny received a cash amount of R10 000 from the Stokvel that he belonged to. S...
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Sonny received a cash amount of R10 000 from the Stokvel that he belonged to. Should he invest this R10 000 what will the value of this investment be after three years? Set your calculator to four decimal places and round your final answer to the nearest rand. If s light rounding differences occur - choose the alternative that is closest to your answer.
(a) R 17 490
(b) R 10 457
(c) R106 600
(d) R 15 209
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