Tema
Q:
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
Q:
and savings account. If he put \( \$ 180 \) into
his savings account, what percentage of
the total deposit did he put in his checking
account?
Q:
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?
Q:
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?
Q:
QUESTION 21
Suppose the nominal exchange rale between the Japanese yen and the UK pound is 100 yen per pound.
Further, suppose that a kilogram of nice costs \( £ 2 \) in the UK and 250 yen in Japan. What is the real exchar
rate Detween Japan and the UK?
a) 2.5 kilograms of Japanese rice per kilogram of UK rice.
b) 0.5 kilograms of Japanese nce per kiogram of UK rice.
c) 1.25 kilograms of Japanese rice per kilogram of UK rice.
Q:
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?
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Q:
You deposit \( \$ 400 \) each month into an account earning \( 7 \% \) interest compounded monthly. Round to the
nearest cent as needed.
a) How much will you have in the account in 20 years?
b) How much total money will you put into the account?
c) How much total interest will you earn?
Q:
You want to take out a \( \$ 299,000 \) mortgage (home loan). The interest rate on the loan is \( 5.4 \% \), and the loan
is for 30 years. Your monthly payments are \( \$ 1,678.98 \).
How much will still be owed after making payments for 5 years? \( \$ \)
How much will still be owed after making payments for 10 years?
How much will still be owed after making payments for 15 years?
Round your answers to the nearest dollar.
Q:
2.75 U
Hva er vekstfaktoren når prisen på en vare går opp med
\( \begin{array}{llll}\text { a } 5 \% & \text { b } 15 \% & \text { c } 15,5 \% & \text { d } 0,5\end{array} \)
Q:
Suppose you invest \( \$ 190 \) a month for 6 years into an account earning \( 9 \% \) compounded monthly. After 6
years, you leave the money, without making additional deposits, in the account for another 29 years. How
much will you have in the end?.
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