# Amount Payable on a Loan Assignment | Homework For You

b. Travelling at 30 km/h, a man can get from his home to his place of work in 24 minutes. How long would it take him if he travelled at 36 km/h? (3 Marks)
a. Calculate the amount payable on a loan of N\$5000 for 3 years at the rate of 12.5% p.a compounded quarterly. (3 Marks)
b. Skateboards cost N\$36 each in my local store. The shop owner says if I buy one I can buy another for only of the normal price. How much would two skateboards cost? (4 Marks)
c. Naomi earns a salary every month. She spends N\$3 400, which is on accommodation and N\$17 000 on food. What fraction of her salary is left for other purposes (4 Marks) d. Solve following simultaneous equation by graphical method: x + y = 5 y = x2-1. Get Finance homework help today

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