1) R10 000 is invested in a savings account at 20% compound interest per annum for ten years. Calculate the end value of the investment. 1. R61 740 2. R61 920 3. R62 290 4. R62 470 (2) You have invested R3 600 per year for ten successive years (at the end of each year) in a savings account at 15% compound interest per annum. Which one of the following is closest to the end value in the savings account? 1. R73 094,40 2. R74 390,60 3. R83 094,40 4. R93 940,60 (3) R10 000 is invested in a savings account for ten years at 20% compound interest, but the interest is calculated semi-annually. What is the end value of the investment? 1. R27 670 2. R47 860 3. R67 270 4. R87 410 (4) You will receive an amount of R1 700 eight years from now. However, if you could receive the amount right now and invest it, you would be able to earn 8% interest per annum on the amount. What would the amount be worth if you could receive it now instead of waiting eight years? 1. R819 2. R918 3. R1 564 4. R1 700 (5) Which one of the following represents most closely the present value of R25 000 received annually for ten successive years using a discount of 17%? 1. R29 250 2. R207 500 3. R116 475 4. R292 500