1. At the end of the year, a company’s Statement of Financial Position showed that total assets were R15 820 000. At the same time, its return on assets (ROA) was 5.13% and its return on equity (ROE) was 8.72%, what is the company’s net profit and equity for the year
2. An investor plans to deposit R16 500 into a tax-free savings account at the end of each semi-annual period for the next five years. The investor will earn 5.50% interest per annum, compounded monthly, on the savings account.How much will the investor have accumulated in the savings account at the end of the five-year period?
3. You purchase $10,000 worth of six-month US Treasury bills on the secondary market with a quoted yield per annum of 0.64 per cent. The bills have 36 days to maturity. How much would you pay? Use the actual/360-day count convention.