QUESTION 21 (4 Marks) Consider the table which shows the quarterly sales of a company for 2021 and 2022, YEAR QUARTER SALES (R 000) Questions 24 and 25 refer to the problem below. A businessman is contemplating purchasing a company for R 850 000. The company is expected to operate for 3 years, and the following profits are expected: 2021 1 800 740 900 = e | e 860 2022 950 770 930 = e [ r 1020 The first centred average is: 87875 a 82500 B43T5 o 770,00 QUESTION 22 (4 Marks) How long will it take an ameount of meney to triple in value if the interest rate offered is 12% per annum compounded yearly? s 104 years a 9.7 years B years o 9.1 years QUESTION 23 (4 Marks) R 4500 is invested for seven years, Three years after ine initial investment, another R 2500 is deposited info the account, The interes! rate for the firsl three years is 15% per annum compounded quarterly and for the next four years if changes to 12% per annum compounded semi-annually, ~ R15567,03 s R1408342 c R16 245,91 R15140.83 YEAR PROFIT (R) DISCOUNT FACTOR PRESENT VALUE (R) 1 450 000 0.909 409 050 2 740 000 J 611 240 3 890 000 0.751 668 390 S D A company of this type is expected to return a yearly profit of 10%. QUESTION 24 (4 Marks) The missing values J and D, respeclively, are 0,826 and 1688 680 0,859 and 1 688 680 0826 and 1563 280 o 0,793 and 1 688 680 QUESTION 25 (4 Marks) \\What should be the final decision? Do not buy the company since there is & nett loss of R 738 830 Buy the company since there is a nett profit of R 648 680 = Buy the company since there Is a nett profit of R 738 680 & Do not buy the company since there is a nett loss of R 648 680 END OF PAPER