Recent questions tagged bank

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The bank selling rate is always … the bank buying rate.
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On MathsGee, you can:
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How do I add my bank account on MathsGee?
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A certain element decays at a rate of .000163/year. Of a piece of this element of 450 kg, how much will remain in ten years?
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A political party deposits R100,000 in a bank account at an annual interest rate of 5% to fund future campaigns. How much interest will they have earned after 4 years?
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What is this? $$\Phi(\mathbf{r})=\Theta(\mathbf{r})-\Phi_{\mathrm{ref}}(\mathbf{r})$$
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How is it working at Capitec bank?
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Work out $$135 \%$$ of 160
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Suppose you purchase an asset at $$\mathrm{R} 60$$ at time zero which pays a dividend of $$15 \%$$ of the initial asset price, and one year later the asset price rises to...
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Suppose you have R100 to invest for one year. There are two possible investments $$X$$ and $$Y$$. Investment $$X$$ is a one-year investment which promises an annually com...
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Margo has $$R 12000$$ to invest and needs the money to grow to at least $$R 30000$$ to pay for her daughter's studies. If it is invested at a compound interest rate of $$... 449 views 1 answers Some years ago, a martian living on Earth opened a savings account at KZN South Bank. The principal amount was R 3200 but now the account has a value of \(\operatorname{R... 437 views 1 answers Thembile invests R 3500 into a savings account which pays \(7,5 \%$$ per annum compounded yearly. After an unknown period of time his account is worth $$\mathrm{R} 4044,6... 564 views 1 answers How do I calculate the period of a compound interest investment ? 317 views 1 answers When a company is retrenching, is it advisable to take the Section 189 Voluntary Severance Package (VSP) ? 731 views 1 answers What does it mean to take a bank into receivership? 666 views 1 answers What are some of the challenges that Silicon Valley Bank faces in the current economic and regulatory environment? 301 views 1 answers How has Silicon Valley Bank adapted to the changing banking landscape in recent years? 288 views 1 answers How does Silicon Valley Bank support social and environmental sustainability? 393 views 1 answers What is Silicon Valley Bank's approach to risk management? 287 views 1 answers What is Silicon Valley Bank's relationship with the technology industry? 396 views 1 answers What is Silicon Valley Bank's vision for the future? 535 views 1 answers What is Silicon Valley Bank's role in the venture capital industry? 337 views 1 answers How has Silicon Valley Bank supported innovation and entrepreneurship? 747 views 1 answers What is Silicon Valley Bank's approach to banking? 409 views 1 answers How has Silicon Valley Bank grown over the years? 650 views 1 answers Who are Silicon Valley Bank's clients? 311 views 1 answers What types of banking services does Silicon Valley Bank provide? 674 views 1 answers Where is Silicon Valley Bank headquartered? 302 views 1 answers What is Silicon Valley Bank? 300 views 1 answers What is a "run on the bank"? 300 views 1 answers When was the Silicon Valley Bank established? 344 views 1 answers When was NSFAS founded? 297 views 1 answers When was Eskom founded? 364 views 1 answers When was Acalytica founded? 402 views 1 answers When was Coca-cola founded? 254 views 0 answers In eight years' time a person wishes to pay cash for a car. He will require R350 000. He opens an investment account and earns 14% per annum compounded monthly. Payments ... 389 views 0 answers Jonathan opens a bank savings account on the last day of the year 2010 with a deposit of \(\mathrm{R} 2500$$. He intends to make regular monthly payments of R1500 at the ...
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Timothy buys furniture to the value of $$R 10000$$. He borrows the money on 1 February 2010 from a financial institution that charges interest at a rate of 9,5% per annum...
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$$\mathrm{Mr}$$ Brown has just finished paying off his twenty-year home loan which was R400 000. During the first five years the interest rate was $$24 \%$$ per annum com...
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Kevin takes out a bank loan for R250 000 . The interest rate charged by the bank is $$18,5 \%$$ per annum compounded monthly.(a) What will his monthly repayment be if he ...
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Michael opens a savings account and immediately deposits R1 000 into the account. He continues to make monthly payments of $$\mathrm{R} 1000$$ into the account for a peri...
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Sipho opens a savings account and immediately deposits $$\mathrm{R} 1000$$ into the account. He continues to make monthly payments of $$\mathrm{R} 1000$$ into the account...
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Josephine opened a savings account with a single deposit of R1 000 on the 1st April 2012. She then makes 18 monthly deposits of R700 at the end of every month. Her first ...
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Lindiwe receives a bursary of R80 000 for her studies at university. She invests the money at a rate of $$13,75 \%$$ per annum compounded yearly. She decides to withdraw ...
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Andrew wants to borrow money to buy a motorbike that costs R55 000 and plans to repay the full amount over a period of 4 years in monthly instalments. He is presented wit...
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Thembi takes out a loan of R150 000 for home improvements. The loan is taken over six years at an interest rate of $$12 \%$$ per annum compounded half-yearly. She repays ...
R6 000 is invested at $$9,6 \%$$ per annum interest compounded quarterly. After how many years will the investment be worth R40 000?