Wednesday, April 1 2020, 09:16 am
NATIONAL SENIOR CERTIFICATE GRADE 12

NATIONAL SENIOR CERTIFICATE GRADE 12

n n n n n The money will last for 4 full years OR Candidate guesses 4 years. Then balance available at the end of 4 years (after the 4th withdrawal) is ()()11354,86 0,1375 1 0,1375 1 80000 1 0,1375 25000 4 4 =R ⎟ ⎟ ⎠ ⎞ ⎜ ⎜ ⎝ ⎛ + − + −. At the end of the 5th year cannot have grown to R25000. 9 substitution into correct …