An amount of R600 is invested every month for eight years. The applicable intere...
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An amount of R600 is invested every month for eight years. The applicable interest rate is 14,65% per year, compounded quarterly. Calculate the accumulated amount of these monthly payments to the nearest hundred rand.
[Answer format: Rddd ddd (R: rand; d: digit)]
[Example of an answer in the correct format: R123 400]
Ensure that your answer is typed in the correct format otherwise you will forfeit the mark!
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