Everything Maths Grade 11
CHAPTER 5. QUADRATIC SEQUENCES 5.2 (h) 3;9;15;21;27;... (i) 10;24;44;70;102;... (j) 1;2,5;5;8,5;13;... (k) 2 ,5;6;10,5;16;22,5;. ...
Finance 6 6.1 Introduction EMBR In Grade 10, the concepts of simple and compound interest were introduced. Here we will extend t ...
CHAPTER 6. FINANCE 6.3 6.3 Simple Decay or Straight-line depreciation. EMBT Let us return to the second-hand cars. One way of ca ...
6.3 CHAPTER 6. FINANCE Example 1: Simple Decay method QUESTION A car is worth R240 000 now. If it depreciates at a rate of 15% p ...
CHAPTER 6. FINANCE 6.3 his tax form after 1 year,after 2 years and then after 3 years? SOLUTION Step 1 : Understanding the quest ...
6.4 CHAPTER 6. FINANCE More practice video solutions or help at http://www.everythingmaths.co.za (1.) 017h (2.) 017i (3.) 017j ( ...
CHAPTER 6. FINANCE 6.4 Example 3: Compound Depreciation QUESTION The flamingo population of the Berg river mouth is depreciating ...
6.4 CHAPTER 6. FINANCE SOLUTION Step 1 : Determine what has been provided and what is required P = R250 000 i = 0, 2 n = 5 A is ...
CHAPTER 6. FINANCE 6.5 6.5 Present and FutureValues of an Investmentor Loan EMBV Now or Later EMBW When we studied simple and co ...
6.6 CHAPTER 6. FINANCE A = P(1 + i× n) (6.5) Solving for P gives: P = A (1 + i× n) (6.6) Let us say you need toaccumulate an amo ...
CHAPTER 6. FINANCE 6.6 I will need R 450 for some university textbooks in 1,5 years time. I currently have R 400. What interest ...
6.7 CHAPTER 6. FINANCE 6.7 Findingn — Trial and Error EMBY By this stage you shouldbe seeing a pattern. Wehave our standard form ...
CHAPTER 6. FINANCE 6.8 Step 3 : Solve the problem R4 044, 69 R3 500 = (1 + 7,5%)n 1 ,156 = (1,075)n We now use our calculator an ...
6.8 CHAPTER 6. FINANCE to calculate and compare the effective annual interest rate on each option. This way, regardless of the d ...
CHAPTER 6. FINANCE 6.8 For a quarterly interest rate of say 3% per quarter, the interest will be paid four timesper year (every ...
6.8 CHAPTER 6. FINANCE SOLUTION Step 1 : Determine what is given and what is required We are given that a savings account has a ...
CHAPTER 6. FINANCE 6.8 Example 7: Nominal Interest Rate QUESTION On their saving accounts, Echo Bank offers aninterest rate of 1 ...
6.9 CHAPTER 6. FINANCE Step 5 : Write the final answer The accumulated valueis R 170 , 91. (Remember to roundoff to the the near ...
CHAPTER 6. FINANCE 6.9 Equations EMBAE Simple Increase : A = P(1 + i× n) Compound Increase : A = P(1 + i)n Simple Decay : A = P( ...
6.9 CHAPTER 6. FINANCE More practice video solutions or help at http://www.everythingmaths.co.za (1.) 017z (2.) 0180 (3.) 0181 ( ...
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