To pay off a loan of R7 000 due now and a loan of R2 000 due in 14 months' time, Priya agrees to make three payments in two, five and ten months' time respectively. The second payment is to be double the first and the third payment is to be triple the first. What is the approximate payment at month five if interest is accumulated at 16% per year, compounded monthly? A. R3 164,86 B. R4 500,00 C. R3 000,00 D. R1 582,43 Four years ago Ballot borrowed R120 000 from Duncan at 12,65\% interest per year, compounded quarterly, due two years from now. Six months ago she also borrowed R65000 from Duncan at 15,2% interest per year compounded monthly, due two years from now. The amount that Ballot must pay Duncan two years from now is A. R348 163,14. B. R285 408,03. C. R385 752,04. D. R341 265,67