- Question 11 The Value Of B Is R40540 45 1 2 3 4 R41 586 01 R41 163 61 R42652 45 Questions 12 And 13 Are Based O 1 (112.25 KiB) Viewed 31 times
Question 11 The value of B is R40540.45 [1] (2) [3 [4 R41 586.01. R41 163,61. R42652.45. Questions 12 and 13 are based on the following situation: Prince wants to open a Hair Salon and asks his uncle Lerumo if he will lend him the money. He also indicates that he will only be able to start paying him back after five years, at which time he will then pay R35 000 at the end of every four months, for four years. Uncle Lerumo agrees, on condition that his money must earn 12,2% interest per year, compounded every four months. 15 DSC1630 Ass1-4 Question 12 The present value of Prince's debt when he starts paying back uncle Lerumo after 5 years will be R387 335,79. [2] [3] [4 R327 210,63 R518 312,63 R437 962,78 Question 13 The amount that Uncle Lerumo lends Prince is [1] (2) [3] R179 950,37 R213 016,36. R202 809,21. R240 147,06. Question 14 If S = (1+i)"P and P = R [4:*#*), then S also equals (1+i)" -1 i(1+i) (1) [2] 3 Rsi. (1 + i)R87. (1 + i)Rami. (1 + i)". Question 15 Monthly payments of R1 200 are made into an account earning 7,75% interest per year, compounded quarterly. The accumulated amount rounded to the nearest hundred rand after 10 years is R215 900. R216 500 [1] 2] 3 [4 R144 000. R291 100.