Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. please help 2 points save answer hangwani has jus

Please help 2 points Save Answer Hangwani has just had a meeting with his...

50.1K

Verified Solution

Question

Finance

image

Please help

2 points Save Answer Hangwani has just had a meeting with his financial advisor who has informed Hangwani that by the time his child is ready to start university, the total cost will be R390 000. Hangwani currently has R128 000 invested in an account to contribute towards his child's university fees. His child will be starting university in 12 years' time. Calculate the annual rate of interest that Hangwant must earn on his investment to cover the cost of his child's university education

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The evidence supporting obesity as a risk factor for colon cancer remains inconclusive, especially among women....

Basic Math
Q

Conformational analysis of a molecule was performed using a global-optimisation method where the energy was evaluated...

Chemistry
Q

Research a mathematician of your choice and write an essay about him/her (atleast 2 pages long,...

Advance Math
Q

Match the person described on the left with the proper genotype on the right CF...

Biology
Q

6 5 4 3 2 3 A ON 1 4 2 3 3 2 ON...

Geometry
Q

struct a frequency distribution and a relative frequency histogram for the data set using five...

Statistics
Q

10 ST For h t 4e 03t cos 2t in Ex 87 1 what is...

Calculus
Q

The equation for line r can be written as y 4 x 2 Line s...

Algebra
Q

Protrade Corporation acquired 70 percent of the outstanding voting stock of Seacraft Company on January...

Accounting
Q

Single plantwide factory overhead rate Single plantwide factory overhead rate Scrumptious Snacks Inc. manufactures three...

Accounting
Q

compare job versus process costing by defining and providing an example of when each method...

Accounting
Q

The probate process is the legal process that performs the function of retitling those assets...

Accounting