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On 4 January 2 0 2 0 Thabo deposited P 7 8 0 0 into savings account. The simple interest rate agreed upon was 6

 
On 4 January 2020 Thabo deposited P7800 into savings account. The simple interest rate agreed upon was 6.2% per annum. What will be accumulated amount in the savings account on 21 November 2020?(Assume a year has 365 days) 
 
Joanna has taken an endowment policy that matures in 30 years. The expected interest rate per year is 11.15%. Her annual payment (at the end of each year) is P8000. Calculate: 
 
i. The present value of the policy
ii. The future value of the policy
c. Find the value of $10,000 in 10 years. The investment earns 8% for four years and then earns 4% for the remaining six years.
d. P1400 was left in an investment account for 20 years and it earned 12.5% per year compounded half-yearly. Calculate the value of the investment after 20 years.

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