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Cheska Assignment

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0% found this document useful (0 votes)
25 views

Cheska Assignment

Uploaded by

reubensahae
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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1a)

Janna and Kamal each invest $8000.


At the end of 12 years, they each have $12 800.

​ (i) Janna invests in an account that pays simple interest at a rate of r% per year.
Calculate the value of r.
r = ................................................ [3]
​ (ii) Kamal invests in an account that pays compound interest at a rate of R% per
year.
Calculate the value of R.

R = ................................................ [3]

1b)

The population of a city is growing exponentially at a rate of 1.8% per year.

The population now is 260 000.


Find the number of complete years from now when the population will first be more than
300 000.

2)
3)

4)
5)

A shopkeeper paid £30 (cost price) for a coat. She wishes to place a price tag on it so that she can offer a
10% discount on the price marked on the tag and still make a profit of 20% on the cost price. What price
should she mark on the tag?
6) Fill the table

7)

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