document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1193552>Question 1193552</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help with the homework below.<BR>\n" );
document.write( "1. Ben owes R500 due in eight months. For each of the following cases, what single payment will repay his dept if simple interest rate is 15% p.a,?<BR>\n" );
document.write( "1.1 Now<BR>\n" );
document.write( "1.2 Six months from now<BR>\n" );
document.write( "1.3 in one year \r<BR>\n" );
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document.write( "2. A promissory note dated 1 April 2021 for 1500, borrowed at a simple discount rate of 16% p.a.due on the 1 October 2021 is sold on the 1 July 2021.<BR>\n" );
document.write( "2.1 what is the maturity value of the note?<BR>\n" );
document.write( "2.2. what is it's the present value on the date of sale?\r<BR>\n" );
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document.write( "3.calculate the accrued principal on 3000 invested at 12% per annum for three years and compound monthly.\r<BR>\n" );
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document.write( "4. How much must be invested at 16% per annum if interest is compounded quarterly,to yield 10000 in two and half years?\r<BR>\n" );
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document.write( "5. What is the rate of interest if 4000 yields 6000 in three years and interest is compounded monthly  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #825592 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52781)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=825592\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
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