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Course 35859

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How long will it take an investment of R4 000 to grow to R12 500

at an annual interest rate of 9,7% compounded annually, rounded to the nearest

whole year?

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How long will it take an investment of R3 650 to grow to R5 000

at an annual interest rate of 7,2% compounded annually, rounded to the nearest

whole year?

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R750 is deposited into an account at the end of each month. The

account earns 9.6% per annum, compounded monthly. What is the future value of

the investment after five years?

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How does increasing the frequency of compounding (e.g., from

annually to monthly) affect the total amount of compound interest earned?

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Nthabiseng cannot afford to buy a car with cash, so she takes out a bank

loan of R350 000 at an interest rate of 9.5% per annum, compounded monthly repaid

with equal instalments over five years. What is the total interest Nthabiseng

pays over the life of the loan?

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An investment of R15 000 grows to R17 000 over a period of

two years with interest compounded semi-annually. What is the annual interest

rate?

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Lerato invests R9 000 at an annual simple interest rate of 6%

per annum for 36 months. What is the total interest earned on the investment?

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Solve for in the following equation:

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Which of the following is the equation of the straight line that

passes through the points (3; -10) and (9; -4)?

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For

the straight-line equation

, what can be concluded about the the graph if ?

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