Recent questions tagged invest

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Margo has $R 12000$ to invest and needs the money to grow to at least $R 30000$ to pay for her daughter's studies. If it is invested at a compound interest rate of $9 \%$ per annum, determine how long (in full years) her money must be invested?

asked Mar 22 in Mathematics by ♦Acalytica Platinum (97.7k points) | 166 views

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Jonathan opens a bank savings account on the last day of the year 2010 with a deposit of $\mathrm{R} 2500$.

asked Jan 24 in Mathematics by ♦AstraNova Diamond (55.3k points) | 161 views

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Michael opens a savings account and immediately deposits R1 000 into the account. He continues to make monthly payments of $\mathrm{R} 1000$ into the account for a period of one year.

asked Jan 24 in Mathematics by ♦AstraNova Diamond (55.3k points) | 113 views

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Sipho opens a savings account and immediately deposits $\mathrm{R} 1000$ into the account. He continues to make monthly payments of $\mathrm{R} 1000$ into the account for a period of three years.

asked Jan 24 in Mathematics by ♦AstraNova Diamond (55.3k points) | 178 views

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Josephine opened a savings account with a single deposit of R1 000 on the 1st April 2012. She then makes 18 monthly deposits of R700 at the end of every month.

asked Jan 24 in Mathematics by ♦AstraNova Diamond (55.3k points) | 262 views

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Pat starts a five year savings plan. At the beginning of the month he deposits R1 400 into the account and makes a further deposit of R1 400 at the end of that month.

asked Jan 24 in Mathematics by ♦AstraNova Diamond (55.3k points) | 143 views

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Suppose that R1 000 is deposited into a bank account. One month later, a further R1 000 is deposited into the account and then a further R1 000 one month after this.

asked Jan 24 in Mathematics by ♦AstraNova Diamond (55.3k points) | 140 views

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Simone opens an account at a local clothing store and she spends $\mathrm{R} 5000$.

asked Jan 24 in Mathematics by ♦AstraNova Diamond (55.3k points) | 162 views

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Pauline deposits R100 000 into a five year savings account. Two years later, she withdraws R20 000.

asked Jan 24 in Mathematics by ♦AstraNova Diamond (55.3k points) | 237 views

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Calculate the final amount in my savings account if $\mathrm{I}$ invest $R 600$ for 2 years at a rate of $6 \%$ per annum compound interest.

asked Nov 27, 2022 in Mathematics by ♦Acalytica Platinum (97.7k points) | 205 views

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Margo has R 12000 to invest and needs the money to grow to at least $\mathrm{R} 30000$ to pay for her daughter's studies. If it is invested at a compound interest rate of $9 \%$ per annum,

asked Aug 17, 2022 in Mathematics by ♦AstraNova Diamond (55.3k points) | 146 views

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Sean opens a savings account and deposits $\mathrm{R} 5000$ into the account immediately. Five months later he invests a further $\mathrm{R} x$ into the account. Three months later, he deposits $\mathrm{R} 2 x$ into the account.

asked Aug 15, 2022 in Mathematics by ♦AstraNova Diamond (55.3k points) | 211 views

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Simphiwe deposits $\mathrm{R} x$ into a unit trust savings account. Two years later, she deposits a further $\mathrm{R} 2 x$ into the account. Three years after this, she deposits $\mathrm{R} 3 x$ into the account.

asked Aug 15, 2022 in Mathematics by ♦AstraNova Diamond (55.3k points) | 164 views

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How much (correct to the nearest rand) do I need to invest now at $9 \%$ per annum compounded quarterly, to provide for the purchase of two airline tickets in two years' time and another two in four years' time?

asked Aug 15, 2022 in Mathematics by ♦AstraNova Diamond (55.3k points) | 323 views

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Thandi deposits $R 850$ into a bank. The bank will pay a simple interest rate of $8 \%$ per year. How much money will Thandi get when she withdraws all her money after five years?

asked Feb 5, 2022 in Mathematics by ♦AstraNova Diamond (55.3k points) | 677 views

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Why should I invest with an index fund instead of an active fund manager?

asked Feb 4, 2022 in General Knowledge by ♦AstraNova Diamond (55.3k points) | 257 views

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What is the role of innovation in family farming for global food security and environmental sustainability?

asked Jan 9, 2022 in General Knowledge by maths-genius-5eb2ff4 Wooden Status (197 points) | 251 views

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A local company is considering investing in a gas project. The project requires an initial investment of three payments, each of $\mathrm{R} 120,000$.

asked Oct 6, 2021 in Data Science & Statistics by ♦Acalytica Platinum (97.7k points) | 313 views

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An investor deposits the following amounts into a fund:

asked Oct 6, 2021 in Data Science & Statistics by ♦Acalytica Platinum (97.7k points) | 287 views

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A man deposits $\mathrm{R} 1,000$ into a savings account which earns interest as follows:

asked Oct 6, 2021 in Data Science & Statistics by ♦Acalytica Platinum (97.7k points) | 308 views

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What is simple interest?

asked Sep 6, 2021 in Mathematics by Siyavula Wooden Status (4.2k points) | 254 views

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If the amount $P$ is deposited into an account paying simple interest $r$ for time $t$, the total value of the deposit $A$ is given by $A=P+$ Prt. Simplify the expression.

asked Jul 29, 2021 in Mathematics by ♦Acalytica Platinum (97.7k points) | 261 views

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How do banks determine the prime rate of interest (prime rate)?

asked Jul 18, 2021 in General Knowledge by ♦AstraNova Diamond (55.3k points) | 316 views

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Jacob owns 15,000 shares in a corporation, which represents $2 \%$ of all issued shares for the company. He sold $\frac{2}{5}$ of his shares to another investor for $\$ 7,800$. What is the total value for all of the shares issued by the company?

asked Jun 17, 2021 in Mathematics by ♦Maths Genie Bronze Status (8.8k points) | 420 views

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How long of a delay must she set the oven for (before it automatically turns on and starts to cook the roast)?

asked Jun 17, 2021 in Mathematics by ♦Maths Genie Bronze Status (8.8k points) | 319 views

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How do you define the term "interest rates"?

asked Jun 10, 2021 in General Knowledge by ♦AstraNova Diamond (55.3k points) | 235 views

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Prashant deposits R 30 000 into a bank account that pays a simple interest rate of $7,5 \%$ p.a.. How many years must he invest for to generate R $45000 ?$

asked May 20, 2021 in Mathematics by ♦AstraNova Diamond (55.3k points) | 483 views

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Carine deposits $\mathrm{R} 1000$ into a special bank account which pays a simple interest rate of $7 \%$ p.a. for 3 years. How much will be in her account at the end of the investment term?

asked May 20, 2021 in Mathematics by ♦AstraNova Diamond (55.3k points) | 718 views

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How much will you get after 1 year if you invest $\mathrm{R} 1000$ for 1 year with a bank that pays $5 \%$ p.a. simple interest?

asked May 20, 2021 in Mathematics by ♦AstraNova Diamond (55.3k points) | 330 views

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Grade 12 - Paper 1 - Harry shoots arrows at a target board. He has a $50 \%$ chance of hitting the bull's eye on each shot.

asked May 6, 2021 in Mathematics by Student Bronze Status (5.7k points) | 881 views

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Grade 12 - Paper 1 - On 31 January 2020, Tshepo made the first of his monthly deposits of $\mathrm{R} 1000$ into a savings account.

asked May 6, 2021 in Mathematics by Student Bronze Status (5.7k points) | 575 views

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At which monthly compounded interest rate should invest to double my principal amount in 4 years time?

asked May 6, 2021 in Mathematics by Student Bronze Status (5.7k points) | 301 views

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What is 18% of 300?

asked Feb 20, 2021 in Mathematics by ♦Acalytica Platinum (97.7k points) | 219 views

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What test is used to determine the percentage of erythrocytes in a volume of blood?

asked Jan 31, 2021 in General Knowledge by anonymous | 290 views

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If x > y, which of the following must be a factor of x ‐ y?

asked Jan 10, 2021 in Mathematics by ♦Acalytica Platinum (97.7k points) | 253 views

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What amount must she invest?

asked Jan 3, 2021 in Mathematics by ♦Acalytica Platinum (97.7k points) | 213 views

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For how long did he invest his money?

asked Jan 3, 2021 in Mathematics by ♦Acalytica Platinum (97.7k points) | 235 views

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James wants to receive R54 800 after a 10-year investment period. How much must he invest if he receives an interest rate of 18% compounded annually?

asked Jan 3, 2021 in Mathematics by ♦Acalytica Platinum (97.7k points) | 315 views

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Write the formula of the oxides of Sulphur and Iron

asked Dec 24, 2020 in General Knowledge by anonymous | 277 views

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How many districts (akerere) are in Rwanda?

asked Dec 6, 2020 in General Knowledge by anonymous | 296 views

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What is the mission of the Rwandan Ministry of Information Communication Technology and Innovation?

asked Oct 15, 2020 in General Knowledge by anonymous | 285 views

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If I invest R4200 for 7 months at 5% p.a., how much interest should I expect?

asked Sep 28, 2020 in General Knowledge by ♦CT Silver Status (24.7k points) | 278 views

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A good reason to save money is so that you eventually have enough money to invest.

asked Sep 28, 2020 in General Knowledge by ♦CT Silver Status (24.7k points) | 221 views

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What is the role of Rwanda Utilities and Regulatory Authority (RURA) in the country's innovation efforts?

asked Sep 17, 2020 in General Knowledge by anonymous | 291 views

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What is bitcoin?

asked Sep 13, 2020 in General Knowledge by ♦Acalytica Platinum (97.7k points) | 225 views

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My uncle asked me to be the executor of his estate. What is involved?

asked Sep 13, 2020 in Mathematics by ♦Acalytica Platinum (97.7k points) | 197 views

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How do I invest in cryptocurrency?

asked Sep 13, 2020 in General Knowledge by ♦Acalytica Platinum (97.7k points) | 217 views

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How do I invest in penny stocks?

asked Sep 13, 2020 in General Knowledge by ♦Acalytica Platinum (97.7k points) | 270 views

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How do I invest in gold?

asked Sep 13, 2020 in General Knowledge by ♦Acalytica Platinum (97.7k points) | 246 views

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How do I invest in bitcoin?

asked Sep 13, 2020 in General Knowledge by ♦Acalytica Platinum (97.7k points) | 230 views

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