Question: plz help with all the questions QUESTION 3 You act for Mr. Rob Steet. Mr. Broke owes him an amount of R14 500,00. On 2
plz help with all the questionsQUESTION 3 You act for Mr. Rob Steet. Mr. Broke owes him an amount of R14 500,00. On 2 February 2021 Mr. Broke offers to settle the amount in instaliments of R1 375,00 per month. A Collection commission of 10% is payable on every instalment and interest of 11% per year is payable on the amount, calculated in advance. Mr. Broke's payments will first be used to cover collection commission, then the interest payable month to month, the remaining amount of the instalment will cover the capital. Assume that interest starts to accrue from 1 March 2021 Mr. Broke made the payments for 30 March 2021 30 April 2021 30 June 2021 3.1 Calculate the monthly interest (5) 3.2 After his payment on 30 June 2021 what will he still owe Mr. Rob Steel? (3) QUESTION 4 You drive at a speed of sokmin for 20 minutes Calculate the distance you have travelled? Give your answer to the nearest kilometer QUESTIONS A toy costs R15,00 VAT inclusive and VAT is charged at 15%. Calculate the amount of VAT payable and what will the toy cost without VAT? (5) QUESTION 6 Mr. Rough and Mrs. Naidoo collide at a traffic intersection. Both are owners of their respective vehicles that they are driving at the time of the collision Mr. Rough's vehicle is worth R66 000,00. He suffered damages in the amount of R$ 680,00 to his vehicle and Mrs. Naidoo suffered damages in the amount of R7 700,00 to her vehicle. Mr. Rough was SUBJECT NAME: APPLIED LEGAL STUDIES - ALS41Y0 / TPRO000 25% negligent and Mrs. Naidoo was 75% negligent. Apply set-off and calculate who must pay what amount to whom (6) QUESTION 7 Calculate the fraction below. 1/8 x 4/5.27 (4) [25] LEGAL COSTS QUESTIONS
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