You deposit \( \$ 10,000 \) in an account that pays \( 1.51 \% \) interest compounded quarterly. a. Find the future value after one year. b. Use the future value formula for simple interest to determine the effective annual yield. i. Click the icon to view some finance formulas.

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?

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?

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

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?

QUESTION 13 Which of the following is least likely to be associated with market failure, and is consequently least likely to require any form of state regulation or intervention? a) Hake fishing off the west coast of South Africa. b) The provision of education services in govemment schools. c) The provision of education services in private schools. d) The market for fast foods.