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What factors determine the level and trends of income inequalities? 


What will the world look like after COVID-19 in Economics and Social? Give Your Opinion.

The equation for a straight line passing through two points can be determined without drawing a graph

[1] True

[2] False


Any straight line that runs from the third quadrant upwards (that is, ascends) from left to right has a_____

[1] Slope

[2] Positive slope

[3] Negative slope

[4] Interception


If you borrow money from the bank, the amount that you owe the bank is calculated includes:

[1]. Period and insurance

[2]. Insurance and interest

[3]. Period and interest

[4]. Interest and penalties


The interest is calculated using the following formula: I = Prt

Where P is:

[1] Period

[2] Penalty

[3] Principal debt

[4] Prime rate


The interest payable per year of 7% for R13 5 00

[1] 1 350

[2] 9 450

[3] 8 340

[4] 7 350


Tebogo borrowed R10 000 at 7,5% per year, compounded monthly. Determine the amount that Tebogo owes after 3 years.

[1] 12514,4614

[2] 13023, 23

[3] 12514,65

[4] 13023, 47


An annuity is a sequence of equal or same amount payments at equal time intervals.

[1] True

[2] False


There are three types of value annuities

[1] True

[2] False


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