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BNU1501-25-EX06C

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How much simple interest is payable on a loan of

R40 000,00 borrowed for a period of 22 months at a simple interest rate of 12%

per year?

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Determine the equation of the straight line in

the diagram below.

Q11

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Determine the equation of the straight line

passing through the points (3; -2) and (5; -6).

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Suppose that, at the end of every month, John deposits

an amount of R600,00 into an account earning 6% interest per year, compounded

monthly over a period of three years. Determine the accumulated amount John

will receive at the end three years.

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The value of a one-bedroom flat in Pretoria

increased from R151 300,00 to R230 592,50 over a five-year period.

The average annual rate of increase in the value of the one-bedroom flat over five

years, rounded to two decimal places, is _____.

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Determine

the point that

does not lie on the straight-line

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A BCom graduate bought a small apartment for

R151 000,00 with a down payment of R51 000,00. If the graduate

secures a mortgage bond with a bank for the balance at 15% per annum,

compounded monthly, with a term of 20 years, what are the monthly payments?

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What is the y-intercept of the straight line in the diagram below?

Q11

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Find the value of in the following equation:

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Find the equation of a straight line with slope passing through the point (-4; -1).

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