Mullins Love
04/23/2023 · Middle School

Tebogo made an initial deposit of R15 000 into an account that paid interest at \( 9.6 \% \) p.a, compounded quarterly. Six months later she withdrew RS 000 from the accours. Two years after the initial deposit she deposited another R3 500 into this account. How much does she have in the account 3 years after her initial deposit?

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The total amount in the account 3 years after the initial deposit is approximately R17,901.64.

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