How much must she be prepared to get today

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Reference no: EM132779162

Question - Mrs Msimang is expecting the following amounts in the Future.

R30 000 after 3 years

R 38 000 after 4 years

R45 000 after 5 years

Her bank has offered to settle her today. How much must she be prepared to get today if the bank's interest rate per annum is 10%?

Reference no: EM132779162

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