Question 4: Application of theory 4.1) A company spends R2 million on purchasing a new printer for its production line. Each month, this production line produces a net profit of R100 000 with this new printer. Assume maintenance costs for the printer to be R50 000 per year. (2) 4.1.1) 4.1.2) Calculate the payback period to start achieving a positive return on investment. Calculate the return on investment if the company sells the printer after 2 years for R600 000 Substantiate if the new printer would be purchased with cash flow from the Capital budget (CAPEX) or from the Operational budget. (2) 4.1.3) (2) 4.2) A company obtains a R1 million loan from a Banking Society in South Africa to purchase a new cooling oven in 2020. Terms of the agreement state that the loan needs to be repaid within 24 months at an interest rate of 15% / year. 4.2.1) Calculate the total interest paid over 2 years. 4.2.2) Calculate the inflation rate if the same oven costs R1.5 million in 2021. 4.2.3) Calculate the monthly premium over the repayment period. (2) (2) (2)