SECTION B - CLICK HERE TO OPEN QUESTION 4 4.1) Mrs Cооke hаs wоn the lottery of R4 800 000. She hаs decided to shаre half of her winnings between her three favourite charities: Society for the Prevention of Cruelty to Animals (SPCA) The Salvation Army Greenpeace Africa. She will share the money in the following ratio 5 : 4 : 3 Calculate how much money each charity will receive. (6) 4.2) Mrs Cooke has offered to furnish The Salvation Army’s kitchen. She buys a stove, microwave and fridge for a total cost of R21 000. She pays a deposit of 15% in cash and takes out a hire purchase loan to repay the balance. The loan is repaid over 4 years at a simple interest rate of 6,5% per annum. Determine the total amount that Mrs Cooke ends up paying for the kitchen appliances. (7) TOTAL: [13] GRAND TOTAL: 50 Please do NOT upload below!
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