GRADE 11 FINANCE.

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Presentation transcript:

GRADE 11 FINANCE

Finance

Finance

Credit Life Insurance: R 4 762.61 Interest Rate: 19 % 140CM FULL HD 3D LED TV Cash Price: R21 999.00 Deposit: 10 % (R2 199,90) Credit Life Insurance: R 4 762.61 Interest Rate: 19 % Contract Terms: 30 Months Interest Value: R  Contractual Total: R  Monthly Instalment: R  Cash Price: R21 999.00 Finance

Credit Life Insurance: R 4 762.61 Interest Rate: 19 % 140CM FULL HD 3D LED TV Cash Price: R21 999.00 Deposit: 10 % (R2 199,90) Credit Life Insurance: R 4 762.61 Interest Rate: 19 % Contract Terms: 30 Months Interest Value: R 9 404.57 Contractual Total: R 33 966.28 Monthly Instalment: R 1 132.21 Finance

Finance

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Read: Bk 11, Pages 260-269 Do:- Bk 11, Pages 269-270 Ex 1 Finance

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Compounds Interest

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Finance

Read: Bk 11, Page 280 Do:- Bk 11, Pages 282 (287) Ex 4 Finance

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Read: Bk 11, Page 280 Do:- Bk 11, Pages 285 (289) Ex 5 & 6 Finance