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You buy a car for R250 000. The value of this car will experience compound decay at a rate of 12% per year. Work out the value of the car after 5 years.
The current population of Durban is 3 879 090 and the average rate of population growth in South Africa is 1,1% p.a.
What can city planners expect the population of Durban to be in 6 years' time? Round your answer to the nearest integer.
A box of biscuits costs R24 today. How much did it cost 5 years ago if the average rate of inflation was 11% p.a.? Round your answer to 2 decimal places.
The price of 2 litres of milk is R17. How much will it cost in 3 years time if the inflation rate is 13% p.a.?
Is the following statement True or False?
The currency of a country gets stronger when money is invested in that country.
You buy a corrolla for R350 000 in 2021. The value of this car will experience compound decay at a rate of 11% per year. Work out the value of the car in 2027.
Do not add a unit or any spaces in the answer. Round off to two decimal places.
Alison is going on holiday to Europe. Her hotel will cost €200 per night. How much will she need, in rands, to cover her hotel bill, if the exchange rate is €1 = R9,20?
R
Write only the amount WITHOUT units (R) and WITHOUT spaces (thousand separators)
A small town in Ohio, USA is experiencing a huge increase in births. If the average growth rate of the population is 16% p.a., how many babies will be born to the 1 600 residents in the next 2 years?
The price of a box of popcorn is R15. In 4 years' time if the inflation rate is 11% p.a. A box of popcorn will cost R?
Note: Use comma (,) as your decimal and NOT a point (.)
The price of popcorn and a cooldrink at the movies is now R60. If the average rate of inflation is 9,2% p.a., what was the price of popcorn and cooldrink 5 years ago?