Ayanda deposits R14 500 into a savings account earning 13% per annum, compounded annually. Calculate the balance after 6 years.
A truck bought for R391 000 depreciates at 7% per annum on the reducing-balance method. Calculate its value after 5 years.
A generator bought for R171 000 depreciates at 11% per annum on the straight-line method. Calculate its value after 8 years.
A generator bought for R262 000 depreciates at 9% per annum on the reducing-balance method. Calculate its value after 9 years.
A car bought for R91 000 depreciates at 13% per annum on the straight-line method. Calculate its value after 6 years.
A company vehicle bought for R305 000 depreciates at 11% per annum on the reducing-balance method. Calculate its value after 9 years.
A forklift bought for R166 000 depreciates at 14% per annum on the straight-line method. Calculate its value after 6 years.
A delivery van bought for R224 000 depreciates at 10% per annum on the straight-line method. Calculate its value after 9 years.
A tractor bought for R355 000 depreciates at 7% per annum on the reducing-balance method. Calculate its value after 6 years.
Thabo opens a savings account with R5 000 at 8% per annum, compounded annually. Calculate the balance after 6 years.
A company vehicle bought for R271 000 depreciates at 5% per annum on the reducing-balance method. Calculate its value after 5 years.
Daniel puts R13 500 into a fixed deposit paying 6% per annum, compounded annually. Calculate the balance after 9 years.
