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Gecko Dynamics deposited R16 500 in an investment account a year ago with the i...

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Gecko Dynamics deposited R16 500 in an investment account a year

ago with the intention of buying new machinery three years from now. Today, it

is adding another R12 000 to this account. The company plans on making a final

deposit of R20 000 to the account one year from today. How much will be

available when it is ready to buy the equipment, assuming the account pays 5,5%

interest?

0%
0%
100%
0%
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