Alex deposited R120 000 into a savings account

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Question 3: A savings account is opened with an amount of R45 000 and three years later R23 000 is withdrawn. Six years after the account is opened, R11 000 wa…
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Agreement to pay deposit of 20%

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Question 1: A student buys a TV set of R11 000 on a hire purchase agreement. He agrees to pay a deposit of 20% and the balance over a period of two years in mo…
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Peter wins lotto

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7.1 The estimated inflation rate is an average of 3% p.a. How much will R800 000 today be worth 10 years from now? (2) 7.2 Peter saw an advert of a house worth…
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Business set up a sinking fund

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A business installs a server for R500 000. The value of the server depreciates at 20% per annum according to the diminishing-balance method. 5.1 Calculate the …
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Bank loan of R600 000

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QUESTION 3 Jake takes out a bank loan of R600 000 to pay for his new car. He repays the loan with monthly instalments of R9 000, starting one month after the g…
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Inflation rate remains constant

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2.1 Samuel invested an amount with ABC bank at an interest 12% p.a. compounded His investment grew to R8450 at the end of 10 years. Determine the amount that S…
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Full loan monthly repayments

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1.1 Determine the nominal interest rate if the investment received r% p.a. compounded monthly whereas effectively it receives 8,3% per annum. (3) 1.2 Mpho take…
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Photocopy machine depreciates at 12% per annum compounded half-yearly

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Jason invests R900 each month at 12% p.a. compounded monthly starting on the 1st January 2013, ending on 1st January 2020. How much will he receive immediately…
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Video Summaries of full lessons

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Some videos have a ‘PAUSE’ moment, at which point the teacher or learner can choose to pause the video and try to answer the question posed or calculate the an…
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Financial mathematics teaching Approach

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Finance forms an integral part of the Mathematics syllabus. Financial mathematics has one of the widest applications in everyday life and is important in every…
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Loans and loan repayments using the future-value formula

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With hire purchase loans where the interest is calculated at the start of the loan as simple interest based on the full amount of the loan over the repayment p…
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Savings account that bears 15% simple interest per annum

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1. Lehlohonolo opens a savings account that bears 15% simple interest per annum. If he deposits R 5 700 how much money will he have after 11 years and 7months?…
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Requesting financial advise at NBC Bank

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1. A couple takes out a loan from the bank in order to pay for their wedding. They pay the bank R 3 560 every month for 3 years. The bank charges them 9,5% p.a…
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Your mom decides to buy you a car of R146 000.00

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1. A newspaper company buys a printing press for R 179 800 in 2003. They decide that the printing press should be replaced in 7 years- time. a) If the machine …
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Formula for simple interest

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A is the final value of the money invested or borrowed, or the total Accumulated value, i.e. the interest accrued. P is the principal or initial amount investe…
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Effective interest rate of 14% per annum

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1. After moving to a new house, you buy a number of household items for a total of R34 300. You are able to finance the purchase of these goods under the follo…
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Peter takes a loan of R510 000.00

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1. Peter takes out a loan of R510 000 to be able to buy a house. He pays back the loan over a period of 20 years, starting one month after he bought the house.…
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Naledi open savings account

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1. From Study and Master Grade 12 Naledi opens a savings account, in which she plans to deposit R500 per month for a year. If interest is paid at 12% per annum…
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Motor car bought at R200 000.00

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1. R100 000 invested at 12% p.a., compounded monthly, grows to R181 669,67. For how long was the money invested? 2. From Step Ahead Mathematics Grade 12 A long…
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Diagnostic test on grade 10 and 11 curriculum

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1. From Focus on Mathematics Grade 11 In 2003, it was estimated that 4,7 million South Africans were infected with HIV. It was estimated that the number of HIV…
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2014 Feb-March Mathematics P1 | Grade 12 | Financial Maths related statements & questions.

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Susan buys a car for R350 000. She secures a loan at an interest rate of 7% p.a., compounded monthly. The monthly instalment is R6 300. She pays the first inst…
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2013 Feb-March Mathematics P1 | Grade 12 | Financial Maths related statements & questions.

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Raeesa invests R4 million into an account earning interest of 6% per annum, compounded annually. How much will her investment be worth at the end of 3 years? J…
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2012 November Mathematics P1 | Grade 12 | Financial Maths related statements & questions.

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A business buys a machine that costs R120 000. The value of the machine depreciates at 9% per annum according to the diminishing-balance method. Determine the …
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2012 Feb-March Mathematics P1 | Grade 12 | Financial Maths related statements & questions.

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Lerato wants to purchase a house that costs R850 000. She is required to pay a 12% deposit and she will borrow the balance from a bank. Calculate the amount th…
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2011 November Mathematics P1 | Grade 12 | Financial Maths related statements & questions.

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How many years will it take for an article to depreciate to half its value according to the reducing-balance method at 7% per annum?  Two friends each receive …
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2011 Feb-March Mathematics P1 | Grade 12 | Financial Maths related statements & questions.

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R1 430,77 was invested in a fund paying i% p.a. compounded monthly. After 18 months the fund had a value of R1 711,41. Calculate i.  A father decided to buy a …
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2009 November Mathematics P1 | Grade 12 | Financial Maths related statements & questions.

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A photocopier valued at R24 000 depreciates at a rate of 18% p.a. on the reducing-balance method. After how many years will its value be R15 000?  A car that c…
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2008 November Mathematics P1 | Grade 12 | Financial Maths related statements & questions.

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R1 570 is invested at 12% p.a. compound interest. After how many years will the investment be worth R23 000?  A farmer has just bought a new tractor for R800 0…
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Rich countries of the world

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The prohibition of travel is not informed by science, nor will it be effective in preventing the spread of this variant. The only thing the prohibition on trav…
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Disaster management act

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We will closely monitor infection rates and hospitalisation over the coming days and will review the situation in another week. We will then need to determine …
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Mass gatherings such as conferences

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Mass gatherings such as major conferences and meetings, especially those that require a large number of people to be in close contact over extended periods, sh…
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Health workers in hospitals

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Health care workers in the Sisonke trial, many of whom who were vaccinated more than six months ago, are being offered Johnson & Johnson booster doses. Pfi…
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Adult population in South Africa

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Since we launched our public vaccination programme in May 2021, over 25 million vaccines doses have been administered in South Africa. This is a remarkable ach…
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Sudden rise of infections

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There are still a number of things about the variant that we do not know, and that scientists in South Africa and elsewhere in the world are still hard at work…
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Scientist identified new variant

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Fellow South Africans, Earlier this week, our scientists identified a new variant of the coronavirus that causes the COVID-19 disease. The World Health Organiz…
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Frictional force

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I'm sure some of you have calculated and you're done already so it's nineteen eight two hundred minus fifteen six hundred and eighty you get three …
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Gravitational force

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Okay let me just write here a in a black marking panel just to raise the the what i'm what i'm about to write now so ladies and gentlemen because we kn…
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Result of tension in the string or rope

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Which is moving horizontally in that direction okay so a let's actually say these are two cars and the other one is towing a one car and there's that a…
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Working with speed being constant

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You won't need to worry about what's your final velocity what's your initial velocity you know you've got half into we know mass is 18 then v f…
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Relevant work, energy and power formula

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You just choose the relevant formula okay so ladies and gentlemen let's now uh write our formula which is the work net remember they said use the work ener…
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Work energy theorem

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Okay i hope you're able to see ladies and gentlemen so very very much important guys they want you to use the work energy theorem okay so do not use anythi…
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Introducing kinetic energy

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Okay so ladies and gentlemen it's very much important that you indicate that the work done on an object you cannot just say the work done is equals to the …
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Constant upward speed

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Okay so guys can i just add there to say that cable it's moving at a constant speed of four meters per second okay ladies and gentlemen just to give you a …
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Work, energy and power explained in detail

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Hello guys my name is Desmond and i welcome you to my youtube channel ladies and gentlemen uh as you can see today we'll be looking at physical sciences pa…
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