Suppose a savings and loan pays a nominal rate of \( 2.7 \% \) on savings deposits. Find the effective annual yield if interest is compounded quarterly. The effective annual yield is \( \square \% \) . (Type an integer or a decimal rounded to the nearest thousandth as needed.) 

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.

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. \( 2.2 \quad \begin{array}{l}\text { Convert an interest rate of } 10 \% \text { p.a. compounded quarterly to an annual effective (3) } \\ \text { interest rate. }\end{array} \) \( 2.3 \quad \begin{array}{l}\text { A lawnmower was traded in for R236 after } 10 \text { years. The depreciation was } \\ \text { calculated at } 9.2 \% \text { p.a. on a straight-line basis. } \\ \text { Determine the cost of the lawnmower } 10 \text { years ago. }\end{array} \)

साधारण ज्याज की एक निशिचत दर से कोई धन 10 वर्ष में अपने से \( 3 / 2 \) गुना हो जाता है। ब्याज की दर है

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.

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.