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.

407. Bank goýumçylara her ýylda \( 2 \% \) girdeji berýär. Banka 1) 20000 man goýan goýumçy; 2) 30000 man goýan goýumçy bir ýylda näçe girdeji alar?

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

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

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?

9.1 How much must Peter invest now, at \( 9,5 \% \) p.a. compounded quarterly, if he wants to have \( R 40000 \) after 6 years? Convert \( 20 \% \) p.a. effective to a nominal rate, compounded monthly. Mike opens a savings account with a deposit of \( R 60000 \). He leaves the money in the account for 7 years. The interest rate for the first 3 years is \( 2,7 \% \) p.a. compounded quarterly and for the remaining 4 years it is \( 3,2 \% \) p.a. compounded monthly. How much money will be in Mike's savings account at the end of the 7 -year period? Sarah deposited \( R 6000 \) into her bank account 10 years ago. Six years ago, she withdrew \( R 2000 \). Interest is calculated at \( 7,6 \% \) p.a. compounded monthly. How much money is in the account at present?