# Recent questions tagged interest

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What is a company?
What is a company?What is a company? ...
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What would 2020 as Earth's history look like?
What would 2020 as Earth's history look like?What would 2020 as Earth's history look like? ...
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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 Eighteen months later R7 000 was withdrawn from the account.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 Eighteen months later R7 000 was withdrawn from the account.A savings account was opened with an initial deposit of R24 000. Eighteen months later R7 000 was withdrawn from the account.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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An investment earns interest at a rate of $7 \%$ per annum, compounded semi-annually. Calculate the effective annual interest rate on this investment.
An investment earns interest at a rate of $7 \%$ per annum, compounded semi-annually. Calculate the effective annual interest rate on this investment.An investment earns interest at a rate of $7 \%$ per annum, compounded semi-annually. Calculate the effective annual interest rate on this investmen ...
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A school buys tablets at a total cost of R140 000. If the average rate of inflation is $6,1 \%$ per annum over the next 4 years, determine the cost of replacing these tablets in 4 years' time.A school buys tablets at a total cost of R140 000. If the average rate of inflation is $6,1 \%$ per annum over the next 4 years, determine the cost ...
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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 value of a property increased from R145 000 to R221 292,32 over 6 years. Calculate the average annual rate of increase of the property over 6 years.
The value of a property increased from R145 000 to R221 292,32 over 6 years. Calculate the average annual rate of increase of the property over 6 years.The value of a property increased from R145 000 to R221 292,32 over 6 years. Calculate the average annual rate of increase of the property over 6 year ...
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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 the mathematical definition of "Nominal and effective interest rates"?
What is the mathematical definition of "Nominal and effective interest rates"?What is the mathematical definition of &quot;Nominal and effective interest rates&quot;? ...
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What is compound interest?
What is compound interest?What is compound interest? ...
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What is meant by the term "interest paid"?
What is meant by the term "interest paid"?What is meant by the term &quot;interest paid&quot;? ...
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How important are small farms?
How important are small farms?How important are small farms? ...
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How many times does your heart beat in a year?
How many times does your heart beat in a year?How many times does your heart beat in a year? ...
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Suppose a small company spends $\ 1000$ on an advertising campaign, and gains 100 new customers from it. How many new customers should they expect if they spend $\ 10,000 ?$Suppose a small company spends $\ 1000$ on an advertising campaign, and gains 100 new customers from it. How many new customers should they expect ...
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In the 2004 vice-presidential debates, Edwards's claimed that US forces have suffered " $90 \%$ of the coalition casualties" in Iraq.
In the 2004 vice-presidential debates, Edwards's claimed that US forces have suffered " $90 \%$ of the coalition casualties" in Iraq.In the 2004 vice-presidential debates, Edwards's claimed that US forces have suffered &quot; $90 \%$ of the coalition casualties&quot; in Iraq. Chen ...
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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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The value of a car dropped from $\ 7400$ to $\ 6800$ over the last year. What percent decrease is this?
The value of a car dropped from $\ 7400$ to $\ 6800$ over the last year. What percent decrease is this?The value of a car dropped from $\ 7400$ to $\ 6800$ over the last year. What percent decrease is this? ...
A TV originally priced at $\ 799$ is on sale for $30 \%$ off. There is then a $9.2 \%$ sales tax. Find the price after including the discount and sales tax.
A TV originally priced at $\ 799$ is on sale for $30 \%$ off. There is then a $9.2 \%$ sales tax. Find the price after including the discount and sales tax.A TV originally priced at $\ 799$ is on sale for $30 \%$ off. There is then a $9.2 \%$ sales tax. Find the price after including the discount a ...