1. Mark decided to save R5 every time his parents get paid and give him pocket money. His parents get paid at the beginning of every second week and give pocket money to each of their children immediately. Mark would earn 3% per week on his funds. If Mark commits to set aside the funds for 2.5 years, How much will Mark receive at the end of the 2.5 years?

2. Shopeasy's earnings and dividends have been growing at a rate of 17% per annum. This growth rate is expected to continue for 6 years (2020 to 2025). After that the growth rate will decrease to 10% for the subsequent 5 years until 2030. Thereafter the growth rate is expected to be consistent at 3.5% forever. If the last dividend per share was R123 and the investors required rate of return on Shopeasy's equity is 9%.

Required : Compute the current value per share from 2026 to 2030

3.

ABC's earnings and dividends have been growing at a rate of 7% per annum. This growth rate is expected to continue for 6 years (2020 to 2025). After that the growth rate will increase to 10% for the subsequent 5 years until 2030. Thereafter the growth rate is expected to be consistent at 2% forever. If the last dividend per share was R70 and the investors required rate of return on ABC's equity is 9%.

Required : Compute the current value per share of ABC if the growth rate is estimated to be 7% from 2020 to 2031 and beyond(forever)