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Recent questions tagged rate


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Which method, is suitable for charging depreciation if the management does not want to increase burden on profits and loss account of depreciation and repair.

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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 Eighteen months later R7 000 was withdrawn from the account.
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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 Eighteen months later R7 000 was withdrawn from the account.A savings account was opened with an initial deposit of R24 000. Eighteen months later R7 000 was withdrawn from the account. Calculate how much money ...
by Pieter SIlver Status
(18,467 points)
asked in Mathematics Jan 11
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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.
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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. Six months later she withdrew R ...
by Pieter SIlver Status
(18,467 points)
asked in Mathematics Jan 11
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The nominal interest rate of an investment is \(12,35 \%\) p.a., compounded monthly. Calculate the effective interest rate.
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Mary deposited R25 000 into a savings account with an interest rate of \(18 \%\) p.a., compounded monthly.
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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 withdrew R8 000 from the account 2 yea ...
by Pieter SIlver Status
(18,467 points)
asked in Mathematics Jan 11
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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.
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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.
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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.
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What is compound interest?
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What is compound interest?What is compound interest? ...
by Pieter SIlver Status
(18,467 points)
asked in Economics & Finance Jan 11
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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.
1 answer 14 views
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. ...
by MathsGee Platinum
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asked in Mathematics Jan 3
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What is a unit rate?
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What is a unit rate?What is a unit rate? ...
by MathsGee Platinum
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asked in Mathematics Jan 3
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Considering the last sentence, can we conclude that the number of "dropout factories" was originally 34 ?
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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 "The number of schools graduating 60 percent or fewer students in four years - s ...
by MathsGee Platinum
(107,694 points)
asked in Mathematics Jan 3
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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?

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Use this information to update the error rate probability distribution and hence determine whether your advice needs amendment.
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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 ...
by MathsGee Platinum
(107,694 points)
asked in Economics & Finance Nov 16, 2021
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Show that \(\frac{1-\sqrt{2}}{3+2 \sqrt{2}}\) can be written as \(7-5 \sqrt{2}\)
1 answer 41 views
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Show that \(\frac{5+2 \sqrt{3}}{2+\sqrt{3}}\) can be written as \(4-\sqrt{3}\)
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How do you calculate the expected return?
1 answer 31 views
How do you calculate the expected return?How do you calculate the expected return? ...
by MathsGee Platinum
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asked in Economics & Finance Nov 3, 2021
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Discuss the distinction between the required rate of return and the expected rate of return
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Define the required rate of return
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Define the required rate of returnDefine the required rate of return ...
by MathsGee Platinum
(107,694 points)
asked in Economics & Finance Nov 3, 2021
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What are the two factors that influence the nominal risk-free rate?
1 answer 39 views
What are the two factors that influence the nominal risk-free rate?What are the two factors that influence the nominal risk-free rate? ...
by MathsGee Platinum
(107,694 points)
asked in Economics & Finance Nov 3, 2021
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Differentiate between the real risk-free rate of return and the nominal risk-free rate of return and calculate both return measures

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Explain the concept of required rate of return and discuss the components of an investor's required rate of return
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What are the three components of an investor's required rate of return?
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What is the required rate of return?
1 answer 12 views
What is the required rate of return?What is the required rate of return? ...
by MathsGee Platinum
(107,694 points)
asked in Economics & Finance Nov 3, 2021
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Calculate the change in the monthly instalment due to the change in the interest rate assuming that the original term of the loan was unchanged.
1 answer 55 views
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The \(n\)-year forward rate for transactions beginning at time \(t\) and maturing at time \(t+n\) is denoted by \(f_{t, n}\). You are given:
1 answer 39 views
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Let \(i\) be the annual effective interest rate and \(n\) and \(p\) be any natural numbers.
1 answer 41 views
Let \(i\) be the annual effective interest rate and \(n\) and \(p\) be any natural numbers.Let \(i\) be the annual effective interest rate and \(n\) and \(p\) be any natural numbers. i. Define algebraically, in a summation format, \(\ddot{a ...
by MathsGee Platinum
(107,694 points)
asked in Actuarial Science Oct 6, 2021
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Thirty-five workers can build a house in 16days. How many days will 28 workers working at the same rate take to build the same house?
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What organic compound is this?
1 answer 41 views
image
What organic compound is this? What organic compound is this?  ...
by MathsGee Platinum
(107,694 points)
asked in Chemistry Sep 12, 2021
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How much should be deposited today at a continuous interest rate of \(3.5 \%\) to accumulate \(\$ 10,500\) in 5 years?
1 answer 53 views
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Find the future value of \(\$ 3000\) compounded continuously at an annual interest rate of \(5.1 \%\) for 18 months.
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What is continuous compound interest?
1 answer 32 views
What is continuous compound interest?What is continuous compound interest? ...
by Siyavula Bronze Status
(7,026 points)
asked in Mathematics Sep 6, 2021
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Determine the effective rate for \(\$ 1000\) invested for 1 year at \(7.40 \%\) compounded quarterly.
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What is an effective interest rate?
1 answer 79 views
What is an effective interest rate?What is an effective interest rate? ...
by Siyavula Bronze Status
(7,026 points)
asked in Mathematics Sep 6, 2021
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Find the present value if the future value is \(\$ 14,520.35\) and compounded annually at a nominal rate of \(1.256 \%\) for 6 years.
1 answer 83 views
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Suppose that \(\$ 25,000\) is invested at \(8 \%\) interest. Find the amount of money in the account after 4 years if the interest is compounded quarterly.

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What is compound interest?
1 answer 65 views
What is compound interest?What is compound interest? ...
by Siyavula Bronze Status
(7,026 points)
asked in Mathematics Sep 6, 2021
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If \(\$ 1375\) earned simple interest of \(\$ 502.56\) in 86 months, what was the simple interest rate?
1 answer 40 views
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Find the simple interest on a principal (present value) of \(\$ 2000\) at an annual interest rate of \(3 \%\) for 8 months.
1 answer 105 views
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How much can be invested in each account with the largest possible amount invested at \(8 \% ?\)
1 answer 34 views
How much can be invested in each account with the largest possible amount invested at \(8 \% ?\)A trust account manager has \(\$ 420,000\) to be invested in three different accounts. The accounts pay \(8 \%, 10 \%\), and \(12 \%\), and the goal i ...
by Siyavula Bronze Status
(7,026 points)
asked in Mathematics Sep 5, 2021
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