ATUT Annieneautor 2010BANK-ONE uses the pricing yuido in Table 2 ter the current accountTablo 2: BANK-ONE current accountAnt bankingChoose a choapor


ATUT
Annieneautor 2010BANK-ONE uses the pricing yuido in Table 2 ter the current accountTablo 2: BANK-ONE current accountAnt bankingChoose a choapor channol ATM cardBranchSavo on bank foosCASH WITHDRAWALSParticipating retailer point-of-salo UnlimitedBANK-ONE ATMR2,00 per R100,00BANK-ONE BranchR50 + R2,00 por R100,00Cheque encashmentR50,00 + R2,00 por R100in addition to chequeservices feesAnother bank’s ATMR8,00 R2,00 perR100,00International ATMR50,00R2,00 perR100,00++Use the information on the pricing guide to answer the following questions:1.5.1Why do banks charge transaction fees?(2)(2)1.5.2 Calculate the transaction fees that Mocha will be charged for withdrawingR600,00 at BANK-ONE ATM.1.5.3 Use the fee structure in Table 2 to show how the bank withdrawal fee ofR150,00 was calculated when a withdrawal of R5000,00 was done at the thebranch. (Just for info – the fee was reflected in the bank statement in table 1on 202019).(2)1.5.4Mocha was charged a transaction fee of R186,00 for a cash withdrawal froma current account at own branch. Calculate the amount that was withdrawn.1.6Mocha bought a Samsung smartphone worth R7 980 online from South Korea.The exchange rate on that date is W1 R0.012, where is the Korean Won.1.6.1Determine the amount of money he will pay in Korean won.(3)1.6.2State whether the Korean won is stronger or weaker than the rand.(2)נר רז​


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