5. Read the three statements below a) Mrs Segametsi invested R1000 in the bank. She...
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5. Read the three statements below a) Mrs Segametsi invested R1000 in the bank. She received R1 070 from the bank one year later. The R70 is called the interest rate b) Money that is paid by companies to ordinary shareholders is called interest. c) According to the principle of equivalence, R1000 at present is equivalent to R1295,03 three years into the future it interest at an interest rate of 9% p.a can be earned on money invested. Which of the above statements is/are A. [5] None of the options (1.2.3 or 4) is correct B.[1] a, b and C. [4] correct? D.13) a and . E. 12) banda
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