Peter takes out a loan of R1000000 to start a new business. After 14 years his business grows and he borrows a further R200000 to build a storage warehouse . The bank offers him an interest rate of 11,2% p.a compounded monthly and it is agreed that he will pay back R1000000 after 7 years and settle the remainder of loan 3 years later . What will his final payment be to settle a loan ?

Bob wants to deposit $5000 into a bank account at the beginning of the next month and $200 per month into that same account at the end of that month and each subsequent month for the next 5 years. If the bank pays interest at the rate of 3% per year compounded monthly, how much will Bod have in his account at the end of 5 years? Assume that he makes no withdrawals during the 5 year period.

John invests R50 000 at FS bank for 5 years. He gets an interest rate of 7,2% per annum compounded half-yearly. After 18 months, he withdraws R10 000 from the investment. 30 months after this, he deposits R20 000 into the investment account. Calculate the value of John's investment at the end of the 5-year period.

Hannah made a bank loan worth Php 200,550 with 5% interest compounded semi-annually (2 times in a year). If she is to pay at the end of the period only, how much will be the value of the loan after 2 years?.