Question 7.2 has me confused The question told us that the business woman left the money earned in 7.2.1 interest did not change, and that it earned an interest of 190 214.14 Shouldn't have we suppose to take the amount earned at 7.2.1 and add that 190 214.14 then use compounding interest to get an answer??
It just means that when 60 hits the count then u cut it off there, usually immediately is used in the context of depositing money accounts upon opening
Grateful for this final exam prep, danko uncle Mlu🤝💯
Thank you so much
Siyabonga Mr Nkosi🤝
kubonga Mina…
Hi sir i have requested you do the Limpopo trial 2022 finance section it had a trick and am hoping you can try to explain it before we write.
I wish there was someone like you for grade 11s😭
I’m here for grade 11ss as well. Tell me what do you need.
Thanks sir for your lessons they do help a lot 🙂
It’s such a pleasure
You are the best sir❤
I'm struggling with this topic 😭😭
Did you watch the original lessons i made on this section?
Can I please have a link...
Question 7.2 has me confused
The question told us that the business woman left the money earned in 7.2.1 interest did not change, and that it earned an interest of 190 214.14
Shouldn't have we suppose to take the amount earned at 7.2.1 and add that 190 214.14 then use compounding interest to get an answer??
I can assure you that this was the correct way…
Hi Sir can you please do example on outstanding balance (missed and last payments)
Hi sir with question 7.2.1 isn’t it supposed to be 61 months because they say “immediately”after 60 months
It just means that when 60 hits the count then u cut it off there, usually immediately is used in the context of depositing money accounts upon opening
Ellow sir.. I think you made mistake 9000×60 is 54000
Thank you for pointing it out
Wait isn’t it :
9000x60 = 540000
It is@@toxiciq2664
What is the formula for interest value of Fv
At 7.2 From 2014-2018 there's 48 payments no?? So why are we calculating 60 payments Sir??
Please read carefully it’s beginning of 2014 till end of 2018
Just in time
💯
Enjoy
Afternoon sir, I want to ask gore how do you know if you're supposed to use the compound interest or future value formula?
You clearly haven’t watched my financial maths series neh? Please go to it fast fast, your problems will be over
@@MlungisiNkosi I did sir... I even have notes on it .... I guess i must watch it again
Thanks man