Abc corporations want to invest r15 000 annually at the


ABC Corporations want to invest R15 000 annually at the beginning of the period with the hope of expanding in 10 years' time. The interest rate is 8%. What is the value of their investment today?

1. R

99 500

2. R100 900

3. R105 500

4. R108 703

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Business Management: Abc corporations want to invest r15 000 annually at the
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