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BNU1501-25-EX10B
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A loan of R1 000 000,00 is granted for three years at a compound interest rate of 8,25% per annum compounded monthly. An extract from the amortisation table is shown below.
Determine the values of A and B.
An amount of R29 000,00 is invested in a fund that pays 11,15% simple interest per year. The total amount in this fund after 140 months will be _____.
Which of the following statements best defines an annuity?
What happens to the present value of an annuity when the interest rate increases?
Interest is calculated using the following formula:
Solve for in the following equation:
Given the formula , Make the subject of the formula.
What is the y-intercept of the straight line in the diagram below?
Solve for in the following equation:
Determine the equation of the straight line in the diagram below: