Find expert answers and community-driven knowledge on IDNLearn.com. Discover reliable and timely information on any topic from our network of knowledgeable professionals.

2. John deposits R500 into a savings account. At the thereafter, he deposits R500 into the account and continues to do this for six years. Interest is 7% per annum compounded monthly.Calculate the future value of his investment at the end of the six-year period. ​