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Suppose you invested R100 000 lump sum amount at the start of the year and your friend invested R25000 per quarter. You both invested in
Suppose you invested R100 000 lump sum amount at the start of the year and your friend invested R25000 per quarter.
You both invested in a fixed deposit at 8% ROI and your friend invested in recurring deposit at 8% for a year.
- Work out the return on Investment of each of these Investments, do not use Compounding. Work out the interest only on the capital amount. (10)
| You Lump Sum | Your Friend - Quarterly | |
| First quarter | ||
| Second quarter | ||
| Third quarter | ||
| Fourth quarter | ||
|
TOTAL ROI |
-
- Compounding
Complete the following Compounding calculation. (8)
| Year | Investment | ROI 5% |
| 1 | R10 000 | R500 |
| 2 | ||
| 3 | ||
| 4 | ||
| 5 |
|
|
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