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You are a consultant for ENZA enterprises and need to report on the following farmer's questions. You need to make sure that you add an

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You are a consultant for ENZA enterprises and need to report on the following farmer's questions. You need to make sure that you add an executive summary (10 marks) at the front of your report QUESTION 1 The farmer wants to purchase a truck and finance it by means of an Instalment sale agreement Applicable information: Cost price of tractor R1 668 000 Interest rate 11% Years 9 Years 25% Deposit 1. Calculate the annual payments. 2. Calculate the total cost of the tractor and financing costs

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