QuestionLunwabo needs R10 500 in 10 months. He invested R8 000 at $11.5\%$ simple interest. How much more does he need?

Studdy Solution
Calculate the short amount.
$$Short\, amount = R10,500 - R8,787.50 = R,712.50$$The amount that Lunwabo will still be short is R,712.50, which is not an option in the given choices. Therefore, there might be a mistake in the problem or the options provided.