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24-05-2023
Business

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Forty years ago, a young farmer purchased 20 hectares of land for R2 000 per hectare in what is now central business district (CBD). If this land' value appreciates at an annual interest rate of 9%, what is it worth today? 1. R40 000.00 2. R62 818.84 3. R430 294.41 4. R 1 600 000.00

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