Full loan monthly repayments
By
Desmond
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
By
Desmond
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
By
Desmond
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
By
Desmond
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
By
Desmond
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
By
Desmond
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
By
Desmond
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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- Full loan monthly repayments
- Photocopy machine depreciates at 12% per annum com...
- Video Summaries of full lessons
- Financial mathematics teaching Approach
- Loans and loan repayments using the future-value f...
- Savings account that bears 15% simple interest per...
- Requesting financial advise at NBC Bank
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November
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