1. Show by calculation who has the better investment: …
1. Show by calculation who has the better investment: 1.1. Sarah invests R7000 at 4.5% compound interest per annum for 2 years: or (2) 1.2 Sameer invests R7000 at 7% simple interest per annum for 3 years. (2) 1.3 State who had the better investment, give a reason for your answer. (1)
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