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1. Calculate the interest rate
A tractor bought for R120 000 depreciates to R11 090,41 after 12 years by using the reducing balance method. Calculate the rate
1 answer
asked by
mihlali
1,093 views
Tim buys unit trusts for R25 000 after eight years he sells them R63 000 (a)calculate a compound interest rate that would yield
0 answers
asked by
Lesedi
484 views
Calculate die after-tax cost of debt under each of the following conditions:
a. Interest rate of 13%, tax rate of 0% b. Interest
0 answers
asked by
Anonymo
554 views
1. Calculate the interest charge on a $5,000 balance with your current 16.5% annual interest rate.
2. Calculate the interest
2 answers
asked by
Mary
421 views
The bank charges interest at a rate of 14,5% per year on Kate's home loan.
If the bank charges interest every month, calculate
3 answers
asked by
Bongakonke
127 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
asked by
John
172 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
11 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
asked by
John
148 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
asked by
Mark
151 views
Understanding Interest Quick Check
3 of 53 of 5 Items Question Calculate the interest amount of a $4,300 investment for a period
5 answers
asked by
quandale dingle
36 views