Formal Assessment Task (FAT): Invest 5 5.1
Is it cheaper to have a R1 000,00 Debit Order from the Sta
ABSA account? You must show all working.
5.2 Is it cheaper to withdraw R500,00 from an 'Other banks
Bank, Nedbank or ABSA account? Show all working.
6 Will the following two formulas give the same fee? Explain.
Formula 1: R3,75 + 0,75% of value
Formula 2: R3,75 + Ro,75 per R100
7 Use the following graph to answer the questions below:
Transaction fees on different Own ATM withdrav
R 18.00​