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DSC1630

SUMMARY Department of Decision Sciences Introductory Financial Mathematics Only study guide for DSC1630 2 Exam (elaborations) DSC1630 NOTES WITH PRACTICAL EXAMPLES 3 Exam (elaborations) DSC1630- EXAM PACK

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DSC1630- EXAM PACK

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1. On his ninth birthday on 21 February Shelly received R420. His parents immediately invested the money in an account that earns 7,5% simple interest. The amount of money that can be withdrawn on 5 June for the same year equals [1] R411,21. [2] R428,89. [3] R428,98. [4] R429,07. [5] none of ...

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DSC1630 NOTES WITH PRACTICAL EXAMPLES

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DSC1630 NOTES WITH PRACTICAL EXAMPLES DSC1630 NOTES WITH PRACTICAL EXAMPLES

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Summary Department of Decision Sciences Introductory Financial Mathematics Only study guide for DSC1630

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Contents 1 Introduction 1 2 Simple interest and discount 3 2.1 Simple interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2.2 Time lines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 2.3 Simple discount . . . . . . . . . . . . . . . . . . . . . . . ....

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