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Home Question Bank Economics Archive 2024 December 29

Economics Questions from Dec 29,2024

Browse the Economics Q&A Archive for Dec 29,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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You have a currency that has an intrinsic value, what does this mean? Intrinsic = internal value A The currency has a value directly linked to the material of the currency. B \( \begin{array}{l}\text { The currency has a given value that does not relate to the material } \\ \text { of the currency. }\end{array} \) C There is a difference between the market price and the intrinsic price. A mother wants to invest \( \$ 10,000.00 \) for her son's future education. She invests a portion of the money in a bank certificate of deposit (CD account) which earns \( 4 \% \) and the remainder in a savings bond that earns \( 7 \% \). If the total interest earned after one year is \( \$ 600.00 \), how much money was invested in the \( C D \) account? The total interest eamed after one year is \( \$ 600.00 \). How much money was invested in the CD account? \( \$ \) (Round to the nearest cent, if necessary.) 7. George, Bush and Terrence contributed towards a capital of Kshs. 480,000 in the ratio \( 2: 3: 5 \) respectively, to start a business venture. After one year, the venture realized a profit of Kshs. \( 1,200,000 \), which was divided as follows: \( 30 \% \) divided equally, \( 30 \% \) divided as per shares' contribution ratio, and the rest returned back to the venture, calculate the amount of money received by Bush. 1.2. If \( f(x)=\frac{\sqrt{x+2}}{3-3 x^{2}} \), for which values of \( x \) is 1:2.2 \( f(x) \) non real. \( 1.2 .3 \quad f(x) \) undefined \( 1.2 .4 f(x)>0 \) (2) (4) (4) 1.3 Simplify: \[ \frac{2^{x}-2^{-x}}{4^{x}-1} \] [24] QUESTION 2 2.1 Boitumelo invests an amount of 282800 for a period of 7 years. For the first two (3) years the interest was \( 12 \% \) p.a, compounded semi-annally. The interest was then changed to \( 10 \% \) p.a compounded quarterly. Determine the value of the mestment after the 7-year period. 2.2 Convert an interest rate of \( 10 \% \) p.a. compounded quarterly to an amual effective interest rate: 2.3 A lawnmower was traded in for R236 after 10 years. The depreciation was (3) calculited at \( 9,2 \% \) p.a. on a straight-line basis. Determine the cost of the lawnmower 10 years ago. (4) एक व्यापारी ने किसी व्यापारी से कुछ पैसे उधार लिए जिसके बदले में एक वर्ष में 8,000 रुपये देय हैं। व्यापारी 2 महीने बाद हैसाब चुकता करना चाहता है। यदि ब्याज की दर \( 9 \% \) प्रति वर्ष है, QUESTION 2 Boitumelo invests an amount of 128000 for a period of 7 ycart. For the first two years the interest was \( 12 \% \mathrm{r}, \mathrm{a} \) compounded semi-anmulally. The interest was then changed to \( 10 \% \) p-a compounded quarterly. Determine the value of the investment after the 7 -year period. Convert an interest rate of \( 10 \% \) pa. compounded quarterly to an annual effective interest rate A lawnmower was unded in for 2236 ufter 10 years. The depreciation was calculated at \( 9,2 \% \) p.i. on a straight-line basis. Determine the cost of the lawnmower 10 years ago. Quel serait le montant de ce loyer sill n'avait augmenté que de \( 2 \% \) ? Quel seraitle montant de celoyer sill avait baissé de \( 4 \% \) ? A lawnmower was traded in for R236 after 10 years. The depreciation was calculated at \( 9,2 \% \) p.a. on a straight-line basis. Determine the cost of the lawnmower 10 years ago. Convert an interest rate of \( 10 \% \) p.a. compounded quarterly to an annual effective interest rate. 1ON 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.
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