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Haul pricelar es all hidden his vehicle Prove, by showing relevant calculations, that the monthly instalment on option I is R 3 825.75. Use the
Haul pricelar es all hidden his vehicle Prove, by showing relevant calculations, that the monthly instalment on option I is R 3 825.75. Use the formula: A= P(1+i)" A = Final Amount P = Principal Amount / loan amount 0.09 i = interest rate Note: 9% = 0.09 and compounded monthly 12 (6) " = number of payments etc. months/years How much less will Thabo pay in option 2 than in option 1? Show your calculations. The money saved in QUESTION 3.5 (option 2) is saved monthly without interest for the duration of the loan term of option 2. Calculate how much will be left in the investment at the end of the loan term, after the final instalment for option 2 is paid. Compare the two options and choose the most appropriate one. Give TWO reasons for your choice. [29] QUESTION 4 Thabo's catering company was awarded a tender to cater breakfast to 800 students at the college hostels. After thorough research Thabo found that nearly all the students would like to have corn flakes, tea. bread and apricot jam for breakfast. 90% of these students would like to have baked beans. CORN FLAKES APRICOT JAN KOO JOXO COLD Baked Bears The table below shows the data Thabo collected on the quantities of apricot jam and baked beans. Item Quantity Price Apricot jam 25 kg R295,00 Baked beans 25 kg R175.00
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