Question 9 Mrs Smith invests R25 000,00 in an account earning 7,5% interest per year, compounded weekly. After a number of years, she receives double the amount she invested. Determine the period...

Question 9<br>Mrs Smith invests R25 000,00 in an account earning 7,5% interest per year, compounded weekly. After<br>a number of years, she receives double the amount she invested. Determine the period under<br>consideration. Round your answer to the nearest year.<br>[1] 1 years<br>[2] 2 years<br>[3] 9 years<br>[4] 8 years<br>

Extracted text: Question 9 Mrs Smith invests R25 000,00 in an account earning 7,5% interest per year, compounded weekly. After a number of years, she receives double the amount she invested. Determine the period under consideration. Round your answer to the nearest year. [1] 1 years [2] 2 years [3] 9 years [4] 8 years

Jun 07, 2022

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Question 9 Mrs Smith invests R25 000,00 in an account earning 7,5% interest per year, compounded weekly. After a number of years, she receives double the amount she invested. Determine the period...

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