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Differentiate between seasonal unemployment and frictional unemployment and provide relevant example of each
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
Suppose Bert deposited an amount of R600 at the end of every year into an account earning 11,5% interest per year for 3 years. Determine the accumulated amount at the end of year 3.
[1]. 730
[2]. 1320
[3] 745, 94
[4] 134, 23
