A Singapore company buys materials from Japan. The exchange rate is
\[\text{S\$1}=\text{¥112.40}.\]
The company exchanges \(\text{S}\$1375\) into Japanese yen. Find the amount received in yen.
[2]A club deposits \(\$15\,000\) into an account which pays simple interest at \(4.8\%\) per annum.
Assuming that simple interest is calculated proportionally for part of a year, find the minimum number of complete months required for the amount in the account to exceed \(\$16\,000\).
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