# Recent questions tagged rate

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A savings account was opened with an initial deposit of R24 000. Eighteen months later R7 000 was withdrawn from the account.
A savings account was opened with an initial deposit of R24 000. Eighteen months later R7 000 was withdrawn from the account.A savings account was opened with an initial deposit of R24 000. Eighteen months later R7 000 was withdrawn from the account. Calculate how much money ...
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Tebogo made an initial deposit of R15 000 into an account that paid interest at $9,6 \%$ p.a., compounded quarterly.
Tebogo made an initial deposit of R15 000 into an account that paid interest at $9,6 \%$ p.a., compounded quarterly.Tebogo made an initial deposit of R15 000 into an account that paid interest at $9,6 \%$ p.a., compounded quarterly. Six months later she withdrew R ...
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The nominal interest rate of an investment is $12,35 \%$ p.a., compounded monthly. Calculate the effective interest rate.
The nominal interest rate of an investment is $12,35 \%$ p.a., compounded monthly. Calculate the effective interest rate.The nominal interest rate of an investment is $12,35 \%$ p.a., compounded monthly. Calculate the effective interest rate. ...
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A machine costs R25 000 in 2016 . Calculate the book value of the machine after 4 years if it depreciates at $9 \%$ p.a. according to the reducing balance method.
A machine costs R25 000 in 2016 . Calculate the book value of the machine after 4 years if it depreciates at $9 \%$ p.a. according to the reducing balance method.A machine costs R25 000 in 2016 . Calculate the book value of the machine after 4 years if it depreciates at $9 \%$ p.a. according to the reducing b ...
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Mary deposited R25 000 into a savings account with an interest rate of $18 \%$ p.a., compounded monthly.
Mary deposited R25 000 into a savings account with an interest rate of $18 \%$ p.a., compounded monthly.Mary deposited R25 000 into a savings account with an interest rate of $18 \%$ p.a., compounded monthly. Mary withdrew R8 000 from the account 2 yea ...
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Sipho invested R30 000 for 6 years. The investment earned interest at $12 \%$ p.a., compounded monthly for the first two years.
Sipho invested R30 000 for 6 years. The investment earned interest at $12 \%$ p.a., compounded monthly for the first two years.Sipho invested R30 000 for 6 years. The investment earned interest at $12 \%$ p.a., compounded monthly for the first two years. There after the inte ...
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Nhlanhla made an initial deposit of R20 000 into an investment account that paid interest at the rate of $7,2 \%$ p.a., compounded quarterly.
Nhlanhla made an initial deposit of R20 000 into an investment account that paid interest at the rate of $7,2 \%$ p.a., compounded quarterly.Nhlanhla made an initial deposit of R20 000 into an investment account that paid interest at the rate of $7,2 \%$ p.a., compounded quarterly. After ...
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Karabo bought a computer for R4 700 . The value of the computer depreciated at a rate of $18 \%$ p.a. Using the reducing-balance method, calculate the book value of the computer 4 years after it was bought.Karabo bought a computer for R4 700 . The value of the computer depreciated at a rate of $18 \%$ p.a. Using the reducing-balance method, calculate t ...
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Calculate the effective interest rate per annum if an investment earns interests at a rate of $11,5 \%$ p.a., compounded monthly.
Calculate the effective interest rate per annum if an investment earns interests at a rate of $11,5 \%$ p.a., compounded monthly.Calculate the effective interest rate per annum if an investment earns interests at a rate of $11,5 \%$ p.a., compounded monthly. ...
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What is compound interest?
What is compound interest?What is compound interest? ...
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Your car can drive 300 miles on a tank of 15 gallons. How far can it drive on 40 gallons?
Your car can drive 300 miles on a tank of 15 gallons. How far can it drive on 40 gallons?Your car can drive 300 miles on a tank of 15 gallons. How far can it drive on 40 gallons? ...
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Your car can drive 300 miles on a tank of 15 gallons. Express this as a rate.
Your car can drive 300 miles on a tank of 15 gallons. Express this as a rate.Your car can drive 300 miles on a tank of 15 gallons. Express this as a rate. ...
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What is a unit rate?
What is a unit rate?What is a unit rate? ...
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Considering the last sentence, can we conclude that the number of "dropout factories" was originally 34 ?
Considering the last sentence, can we conclude that the number of "dropout factories" was originally 34 ?A Seattle Times article on high school graduation rates reported &quot;The number of schools graduating 60 percent or fewer students in four years - s ...
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Suppose a stock drops in value by $60 \%$ one week, then increases in value the next week by $75 \%$. Is the value higher or lower than where it started?
Suppose a stock drops in value by $60 \%$ one week, then increases in value the next week by $75 \%$. Is the value higher or lower than where it started?Suppose a stock drops in value by $60 \%$ one week, then increases in value the next week by $75 \%$. Is the value higher or lower than where it s ...
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In the news, you hear "tuition is expected to increase by $7 \%$ next year." If tuition this year was $\ 1200$ per quarter, what will it be next year?
In the news, you hear "tuition is expected to increase by $7 \%$ next year." If tuition this year was $\ 1200$ per quarter, what will it be next year?In the news, you hear &quot;tuition is expected to increase by $7 \%$ next year.&quot; If tuition this year was $\ 1200$ per quarter, what will i ...
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James borrows $\ 10,000$ from the bank. By the time the loan is repaid, James has paid the bank $\ 10,400$. What does the additional $\ 400$ represent?
James borrows $\ 10,000$ from the bank. By the time the loan is repaid, James has paid the bank $\ 10,400$. What does the additional $\ 400$ represent?James borrows $\ 10,000$ from the bank. By the time the loan is repaid, James has paid the bank $\ 10,400$. What does the additional $\ 400$ ...
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Use this information to update the error rate probability distribution and hence determine whether your advice needs amendment.
Use this information to update the error rate probability distribution and hence determine whether your advice needs amendment.The senior partner in a local accountancy firm is concerned about the error rate amongst assessments issued by her office. A careful check over the pa ...
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Show that $\frac{1-\sqrt{2}}{3+2 \sqrt{2}}$ can be written as $7-5 \sqrt{2}$
Show that $\frac{1-\sqrt{2}}{3+2 \sqrt{2}}$ can be written as $7-5 \sqrt{2}$Show that $\frac{1-\sqrt{2}}{3+2 \sqrt{2}}$ can be written as $7-5 \sqrt{2}$ ...
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Show that $\frac{5+2 \sqrt{3}}{2+\sqrt{3}}$ can be written as $4-\sqrt{3}$
Show that $\frac{5+2 \sqrt{3}}{2+\sqrt{3}}$ can be written as $4-\sqrt{3}$Show that $\frac{5+2 \sqrt{3}}{2+\sqrt{3}}$ can be written as $4-\sqrt{3}$ ...
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The real risk-free rate of return (RRFR) is $3 \%$ and the expected rate of inflation (EI) is $4.5 \%$. The nominal risk-free rate of return (NRFR) is equal to:
The real risk-free rate of return (RRFR) is $3 \%$ and the expected rate of inflation (EI) is $4.5 \%$. The nominal risk-free rate of return (NRFR) is equal to:The real risk-free rate of return (RRFR) is $3 \%$ and the expected rate of inflation (EI) is $4.5 \%$. The nominal risk-free rate of return (NRFR ...
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How do you calculate the expected return?
How do you calculate the expected return?How do you calculate the expected return? ...
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Discuss the distinction between the required rate of return and the expected rate of return
Discuss the distinction between the required rate of return and the expected rate of returnDiscuss the distinction between the required rate of return and the expected rate of return ...
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Define the required rate of return