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Lebogang wants to open the Feel Safe shop at his village’s mall. He deposits R375 000 on 5 May 2025 into an account, earning 7,91% interest per year, compounded on the first day of each month. If simple interest is used for the odd periods and compound interest for the full terms, then the amount that Lebogang will have available on 14 October 2025 will equal

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