4.1 You are asked to determine the amount of money should an investor deposit in a fixed deposit account paying 10% p.a simple interest if he would wish to receive R8,000 in 6 years' time?

4.2 Ms Adele deposits R 5,000 in a fixed deposit account with Bunting Road Bank for 8 years at a rate of interest of 10% p.a. compounded quarterly. How much will Mr Andrew receive upon maturity?

4.3 What is the annual rate of interest being charged by the Bunting Road Bank on a loan of R20,000 if R30,500 is to be repaid in one and half years' time in full settlement if interest is compounded half yearly?

4.4 if an amount of R40,100 is invested at 14% p.a. compounded quarterly, how long will it take to reach R224,328.27?

4.5 A father decides to invest R600 per month for 10 years at 10% p.a. compounded monthly to pay for his 15-year-old girl's tertiary education in 3 years' time. What amount of money will be available at the end of 3 years?