\begin{tabular}{l|l|l} Fritz Benjamin buys a car costing \( \$ 24000 \). He agrees to \\ make payments at the end of each monthly period for. 4 \\ years. He pays \( 10.8 \% \) interest, compounded monthly. \\ What is the amount of each payment? Find the total \\ amount of interest Fritz will pay. \end{tabular}

QUESTION 21 Suppose the nominal exchange rate between the Japanese yen and the UK pound is 100 yen per pound. Further, suppose that a kilogram of rice costs \( £ 2 \) in the UK and 250 yen in Japan. What is the real exchang rate between Japan and the UK? a) 2.5 kilograms of Japanese rice per kilogram of UK rice. b) 0.5 kilograms of Japanese rice per kilogram of UK rice. c) 1.25 kilograms of Japanese rice per kilogram of UK rice. d) 0.8 kilograms of Japanese rice per kilogram of UK rice.

Mike maak 'n spaarrekening oop met 'n deposito van \( R 60000 \). Hy los die geld 7 jaar in die rekening. Die rentekoers vir die eerste 3 jaar is \( 2,7 \% \) p.j. kwartaalliks saamgestel en vir die volgende 4 jaar is dit \( 3,2 \% \) p.j. maandeliks saamgestel. Hoeveel geld sal aan die einde van die 7 -jaar tydperk in Mike se spaarrekening wees?

QUESTION 9 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

Suppose the nominal exchange rate between the Japanese yen and the UK pound is 100 yen per pound. Futher, suppose that a kilogram of rice costs \( £ 2 \) in the UK and 250 yen in Japan. What is the real exchange rate between Japan and the UK? a) 2.5 kilograms of Japanese rice per kilogram of UK rice. b) 0.5 kilograms of Japanese rice per kilogram of UK rice. c) 1.25 kilograms of Japanese rice per kilogram of UK rice. d) 0.8 kilograms of Japanese rice per kilogram of UK rice.

15. This is a type of cooperative that provides credit facilities to each member. A. Consumer's cooperative C. Farmer's cooperative B. Credit cooperative D. Housing cooperative