BIZCONNECT manages 5 data types including invoices. Helps you organize, track, and share your work in 1 place for teams and solo users.

Practice Questions

Question 1 of 7

Easy

4 marks

Lerato invests R12 500 in a savings account at Capitec Bank. The account offers 8,5% per annum compound interest. How much will her investment be worth after 3 years? Round your answer to the nearest cent.

Finance and Growth • Simple and Compound Interest