Els 2.4 The SPCA receives an amount of R8 500 per annum from an undisclosed donor. The amount has been growing at a rate of 7.5% per annum IE REQUIRED Calculate how much the donor must have invested as

Els

2.4
The SPCA receives an amount of R8 500 per annum from an undisclosed
donor. The amount has been growing at a rate of 7.5% per annum
IE
REQUIRED
Calculate how much the donor must have invested as a lump sum to be able
to continue with these payments indefinitely.
(2)

1 Answer

Els 2.4 The SPCA receives an amount of R8 500 per annum from an undisclosed donor. The amount has been growing at a rate of 7.5% per annum IE REQUIRED Calculate how much the don…

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