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Jabu just opened a tapa's bar. He realises that it is an excellent concept and is expecting that he will have to upgrade

Posted: Thu May 05, 2022 7:57 am
by answerhappygod
Jabu just opened a tapa's bar. He realises that it is an
excellent concept and is expecting that he will have to upgrade the
restaurant premises in four year's time. he can set aside R75 000
now and R5000 per month for the next four years. How much would he
be able to spend on extensions (after 4 years) if he can invest the
money in a savings account at 6% interest Componded
monthly?