Answer:
1.3 Mr. Johnson’s daughter did not qualify to receive NSFA and approached the bank for a loan to
pay for her College fees for one year. She applied for a loan of R30 000.00 with the following
conditions:
A once off initiation fee of R1207.50 ( Including 15 % VAT)
A monthly service fee of R69.00
An interest rate of 24.5 % compounded annually
1.3.1 Mr. Johnson’s daughter stated that the total loan value will be more than R20 000 more
than the original amount if she paid it at the end of the 24 month period. Verify, showing
all your calculations, if her statement is correct.
(7)
Answer:
6/35
Step-by-step explanation:
2/5x3/7
Multiply Numerators and Denominators
= 6/35
You can't further simplify so the answer is 6/35.
Answer:
76 cents
Step-by-step explanation:
23 inches = 92 cents
1 inches = 92 ÷ 23
= 4 cents
19 inches = 19 × 4
= 76
<span>The general equation of a quadratic is expressed as y = ax^2+bx+c. To
convert the general equation to vertex form, we need to obtain this form:
(y- k)= a(x - h)^2
This could be done by using completing the square method.
</span><span>y = –3x^2 – 12x – 2
</span><span>y + 2 = –3(x^2 + 4x)
</span>y + 2 -12 <span>= –3(x^2 + 4x + 4)
</span>y - 10 = -3(x+2)^2
Therefore, the answer is the first option.
