This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.
ScanSolve AI Answer
2.1.1 The name of the bank is CAPITEC BANK. 2.1.2 The monthly fee for having this bank account is R7.50. 2.1.3 Step 1: Determine the number of R1 000 units for the withdrawal. Mrs Ketiwe withdraws R2 000. Number of R1 000 units = R2\,000R1\,000 = 2 units. Step 2: Calculate the total cash withdrawal fee. The fee is R10 per R1 000 or part thereof. Total fee = 2 × R10 Total fee = R20 Therefore, Mrs Ketiwe will pay R20 in bank fees. 2.2.1 In the given context, "branches" refers to physical locations or offices where a bank typically offers its services to customers. TymeBank operates digitally without these traditional physical branches. 2.3.1 The minimum days a person can stay at P3 Car Park 3 – Long Stay is 5 days. 2.3.2 Step 1: Identify the cost for 7 days from the table. The cost for 7 days is R504. Step 2: Determine the cost for the 8th day. The tariff states "There after R72 for each day or part thereof". So, the 8th day costs R72. Step 3: Calculate the total cost for 8 days. Total cost = Cost for 7 days + Cost for 8th day Total cost = R504 + R72 Total cost = R576 The cost of staying 8 days at P3 Car Park 3 – Long Stay is R576. That's 2 down. 3 left today — send the next one.