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Question 4 On 1 January 2010, Johnston deposited R7 580 into an investment account earning interest of 7.5% for 3 years. At maturity, he transferred

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Question 4 On 1 January 2010, Johnston deposited R7 580 into an investment account earning interest of 7.5% for 3 years. At maturity, he transferred the full amount to another account offering interest of 8% p.a. On 31 December 2014, he withdrew the money and spent R2 390 on sundries and deposited the balance into another account earning interest of 9.5% p.a. How much did he have on 1 January 2018? I (7 Marks) Question 5 Pet Man Ltd produces special dog food in their factory. They sell each 7kg bag of dog food at R359 per bag. Total sales for the year amount to 9 875 bags. The fixed cost is R735 000 and their variable cost is R125 per bag. 5.1 How many bags must be manufactured to break even? (2 Marks)

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