QUESTION 2 Boitumelo invests an amount of R28 000 for a period of 7 years. For the first two years the interest was \( 12 \% \) p.a. compounded semi-annually. The interest was then changed to \( 10 \% \) p.a. compounded quarterly. Determine the value of the investment after the 7 -year period. \( 2.2 \quad \begin{array}{l}\text { Convert an interest rate of } 10 \% \text { p.a. compounded quarterly to an annual effective (3) } \\ \text { interest rate. }\end{array} \) \( 2.3 \quad \begin{array}{l}\text { A lawnmower was traded in for R236 after } 10 \text { years. The depreciation was } \\ \text { calculated at } 9.2 \% \text { p.a. on a straight-line basis. } \\ \text { Determine the cost of the lawnmower } 10 \text { years ago. }\end{array} \)

Boitumelo invests an amount of R28 000 for a period of 7 years. For the first two (3) years the interest was \( 12 \% \) p.a. compounded semi-annually. The interest was then changed to \( 10 \% \) p.a. compounded quarterly. Determine the value of the investment after the 7 -year period.

How would you describe the amount of investment income and wealth typically generated by low-risk investments? (A) The amount of income and wealth generated is stable. (B) The amount of income and wealth generated is low. (C) The amount of income and wealth generated is high. (D) The amount of income and wealth generated is high and volatile.

The interest rate that gives money is \( 10 \% \). At this rate, 1000 Birr will be doubled no matter how many years it is deposited in the bank

उदाहरण 4 ₹ 5000 की राशि पर \( 8 \% \) प्रतिबर्ष की दर से 9 माह का चक्रवृदि ब्याज क्या होगा, यदि ब्याज तियाधी आधार पर परिकलित किया जाता है?

Boitumelo invests an amount of R28 000 for a period of 7 years. For the first two years the interest was \( 12 \% \) p.a. compounded semi-annually. The interest was then changed to \( 10 \% \) p.a. compounded quarterly. Determine the value of the investment after the 7 -year period. .3 Convert an interest rate of \( 10 \% \) p.a. compounded quarterly to an annual effective (3) interest rate.