An annuity of $300 pa is paid annually in advance for seven years, followed by $100...

An annuity of $300 pa is paid annually in advance for seven years, followed by $100 pa paid quarterly in arrears for a further five years. The rate of interest is 6% pa convertible half-yearly. Calculate the accumulated amount at the end of twelve years.

A. R4,178
B. R1,771
C. R2,055
D. R4,100

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jeff jeffy answered 1 year ago

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