DSC1630 How to solve Continuous Interest Rate - Mntwana Waabantu

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xander decides that he would like to buy his lovely wife Lesedi a new car when she turns 30 in six years time. He deposit R6000
if you invest R12000 at continuous interest rate of 16.5% per annum for a period of five years the accumulated amount if A;14748.73 B: C:R36049.99 D: 27382.57
mary invested R40000 in order to have R56000 available in 30 months time. the yearly interest rate , compunded semi - annually is
Thulile received R32412.87 after investing an amount of money in an account earning interest at a continous compund rate of 10.15% per year. The amount of money that she invested 57 week ealier is
if R17500 accumulate to R22000 after 53 months , the continous compunding interest rate is A.5.82% B.5.18% C.5.91% D.5.32%

A continuous compounding rate of 18.8% is equivalent to an effective interest rate of A.12.52% B.11.80% C.43.06% D: 11.15%
If R17500 accumulates to R22000 after 53 months , the continuous compounding interest rate is
An interest rate of 49.9% per year,compounded quarterly , is equivalent to a weekly compounded interest rate per year of A.19.02%, B.14.88% C.15.16% D.14.65%

A continuous compounding rate of 11.8% is equivalent to an effective rate of
A.12.52% B.11.80% C.43.06% D. 11.15%
A continuous compounding rate of 11.8% is equivalent to an effective rate of
A.12.52% B.11.80% C.43.06% D. 11.15%

On 5 april Jojo invested R75000 in an amount paying 8.37% interest per year, Compounded monthly . Interested is credited on the 1st of every month. Jojo wants to buy a second hand car for her courier business in pretoria CBD . She will move into her new premises on 21 November of the same year. If fractional compounding is used for the full term then jojo will receive
A.R79020.29 B.R78439.73 C. R79047.39 D.R78896.69

On 5 april Jojo invested R75000 in an amount paying 8.37% interest per year, Compounded monthly . Interested is credited on the 1st of every month. Jojo wants to buy a second hand car for her courier business in pretoria CBD . She will move into her new premises on 21 November of the same year. If simple interest is used for odd period calculations and compound interest for the full term then the amount of money that jojo will have available in the amount on 21 November is
A.R79002.95 B.R79018.82 C. R78955.68 D.R79020.96
Four years ballot borrowed R120000 from Duncan at 12.65% interest per year, Compounded quarterly , due two years from now. Six months ago she also borrowed R65000 from Duncan at 15.2% interest per year compounded monthly, due two years from now.
After seeing what she owes Duncan two years from now, Ballot decides to reschedule the debt. She will pay Duncan R85000 now and the rest five years from now. Obakeng agrees on condition that the new agreement will run from now, and will b subject to 13.7% interest per year, compounded half yearly. The amount that ballot will pay Duncan five years from now is A R164878.56 B.R 353240.95 C.R354164.3 3 D.R519042.89

Noah deposits R400 every three months into a bank account earning interest at 16% per year, compounded quarterly . The approximate time that it will take Noah to save R40000 is
A.40 quarters B. 12 quarters C. 41 quarters D. 28 quarters

Four years Jacjies paid R4500 per month into a saving amount earning 6.9% interest per year, compounded monthly . She then stopped her monthly payments, but left the money in the amount to earn more interest . It still earned 6.9% interest per year, But at time the compounding periods changed to quarterly . The balance in the account 10 years after she stopped her monthly payment A.373185.53 B.491413.14 C.247935.56 D.216000.00

To pay off loan of R7000 due no and a loan of R2000 due in 14 months’s time . Priya agrees to make three payment into two, five and ten month’s time respectively . The second payment is to be double the first and the third payment is to be triple the first. What sis the approximate payment at month five if interest is accumulated at 16% per year, compounded monthly
Four years ago Ballot borrowed R12000 from Duncan at 12.65% interest per year , ompunded quarterly due two years from now, Six months ago she borrowed R65000 from Duncan at 15.2% interest per year compounded monthly , due two years from now.
The amount that Balot must Pay Duncan two years from now is
A.348 16.14 B.R285 408.03 C.R385 752.04 D. R341 265.67