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3 years ago

15

Assume the total cost of a tertiary education will be R75 000 when your child enters university in 18 years. You presently have

R7 000 to invest. What rate of interest must you earn on your investment to cover the cost of your child’s tertiary education?

1 answer:

marshall27 [118]3 years ago

8 0

Answer: you need 5000 more

Step-by-step explanation: 70000 + 5000= 75000

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