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cover the expenses for their holiday to Cape Town. They decide to take a ioan of R 3 0 0 0 0 from ABC bank

cover the expenses for their holiday to Cape Town. They decide to take a ioan of R30000 from ABC bank over a period of 2 years Simple interest is charged at an interest rate of 8,6% per annum
1.2.1 Write down the annual interest rate that is charged by the bank?
1.2.2 Calculate how much interest the family will pay in total
(2)
after 2 years.
1.23 How much will the tamily pay in total to the bank at the end of the loan term?
(2)
QUESTION 2
22
The Makau family will be visiting Cape Town for 1 week in December. They booked their accommodation at the Pilazzo Hotel from a Sunday night to the Saturday night, at a cost of R1630 per night per room. The booking is made for 2 adults and 2 children (aged 7 years and 9 years) in one room. The transport cost is estimated to be R10400, which includes the trip to Cape Town, toll fees and for the return trip back.
Food will cost R700 for one day, from the day that they leave to Cape Town until the day before they return back home. They will spend R500 on food when they travel back. They intend to visit FOUR tourist sites which will cost a total of R1850.
2.1 Determine how much it will cost to cover the expenses for the trip to Cape Town and back home.
2.2 The family drove from Johannesburg to Cape Town. They left home al 6 am and reached their destination at 23:20. They made three stops of 1 hour each during their trip to Cape Town
2.2.1 Determine the time taken to travel to Cape Town, without the 3 rest breaks that were made (in hours and minutes)
2.2.2 If the tolal distance covered to Cape Town was 1420 km , calculate the average speed (in kmh) at which they drove, correct to TWO decimal places Use the formula:
Average speed =DistanceTime
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