19:43ul 4G31Maria invests RS0 000 in an investment account where she eams 5% interest per annum. How much money willshe make per vear?32The following is incomplete bank statement for koketsos savings accourt at the end of MarchDate27/02/2013TransactionOPENING BALINTEREST ON CREDITBALANCECHEQUE (SALARY)ATM CASHATM CASHATM DEPOSITSPENDLESS DEBIT CARDPayment DepositBalance2304,851/03/201313,951/03/20131/03/20135/03/201310/03/20132100,00400,00800,00600,0022/3/2013235,95PURCHASE3.2.1 Copy Koketso's staternent and complete the balance column as a running total3.2.2 What is Koketso's balance at the end of March?3.2.3Koketso aims to keep a minimum balance of R2500 in his account to eam interest. Is he succeeding?Add a caption...> Status (Custom)+

Answered: Maria invests RSO 000 in an investment…

Math

Advanced Math

Maria invests RSO 000 in an investment accourt where she eams 5% interest per annum. How much money she make per year?

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Question

19:43
ul 4G
31
Maria invests RS0 000 in an investment account where she eams 5% interest per annum. How much money will
she make per vear?
32
The following is incomplete bank statement for koketsos savings accourt at the end of March
Date
27/02/2013
Transaction
OPENING BAL
INTEREST ON CREDIT
BALANCE
CHEQUE (SALARY)
ATM CASH
ATM CASH
ATM DEPOSIT
SPENDLESS DEBIT CARD
Payment Deposit
Balance
2304,85
1/03/2013
13,95
1/03/2013
1/03/2013
5/03/2013
10/03/2013
2100,00
400,00
800,00
600,00
22/3/2013
235,95
PURCHASE
3.2.1 Copy Koketso's staternent and complete the balance column as a running total
3.2.2 What is Koketso's balance at the end of March?
3.2.3
Koketso aims to keep a minimum balance of R2500 in his account to eam interest. Is he succeeding?
Add a caption...
> Status (Custom)
+

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“Since you have asked multiple questions, we will solve the first question for you. If you want any specific question to be solved then please specify the question number or post only that question.”

Question (3.1)

The investment made by Maria = R50,000

Rate of interest = 5%

We have to find how much money will Maria make each year.

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