8.2 An asset has depreciated in value by a quarter of its original value in 9 years using the reducing balance method. Determine the depreciation rate of this asset per annum.

hando needs to buy a new Tablet. The new Tablet costs R7 990 . hando does not have the full amount of money available, so she tas decided to buy it using a hire purchase agreement. The terms of he agreement are as follows: \( 15 \% \) per annum simple interest 48 monthly payments Monthly processing fee of R15,50 Determine the monthly amount payable, including interest and fees Sn her \( 29^{\text {th }} \) birthday, Lerato invested R5000 on the Johannesburg stock Exchange. Her shares increased in value by \( 20 \% \) compounded annually. How much would her investment be worth her \( 60^{\text {th }} \) birthday?

With reference to Question 8 above, the measure of money that will not be immediately affected by the above action by China's central bank is: a) M1 b) M2 c) M3 d) Quasi money

You have \( \$ 400,000 \) saved for retirement. Your account earns \( 9 \% \) interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years? Question Help: Video 1 Submit Question

and savings account. If he put \( \$ 180 \) into his savings account, what percentage of the total deposit did he put in his checking account?

Suppose you want to have \( \$ 800,000 \) for retirement in 35 years. Your account earns \( 4 \% \) interest. How much would you need to deposit in the account each month?