Sylvia wants to open the Granny Shop. On 6 November 2021, she invests R300 000 into an account earning \( 9,25 \% \) interest per year, compounded monthly. Interest is credited on the first day of every month. Sylvia will move into the Granny Shop on 17 July 2022. If fractional compounding is used for the full period, then the amount that Sylvia has available on 17 July 2022 is A. \( R 319310,96 \) B. \( R 319867,07 \). C. \( R 319860,34 \). D. \( R 319813,24 \).

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?

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

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?

Oppgave 2 Når Oslo Børs stenger for dagen er en type aksje verdt 42 kr . I løpet av dagen har aksjen økt i verdi med \( 20 \% \). Hvor mye var aksjen verdt da Oslo Børs åpnet denne dagen?

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?