2/5/24, 1:18 PM Assessment 1: Attempt review
UNISA 2024 DSC1630-24-S1 Welcome Message Assessment 1
QUIZ
Started on Monday, 5 February 2024, 12:10 PM
State Finished
Completed on Monday, 5 February 2024, 1:17 PM
Time taken 1 hour 7 mins
Marks 15.00/15.00
Grade 100.00 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
Noma invests R1 500 in an account earning 6,57% simple interest. The balance in the account 16 months later will equal
a. R1 631,40.
b. R1 632,82.
c. R2 814,00.
d. R1 644,02.
Question 2
Complete
Mark 1.00 out of 1.00
A bank’s discount rate is 12%. You need to pay the bank R5 000 in six months time. The amount of money that you will now receive from the
bank equals
a. R4 700,00.
b. R4 716,98.
c. R4 724,56.
d. R5 300,00.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=14610882&cmid=842667 1/6
UNISA 2024 DSC1630-24-S1 Welcome Message Assessment 1
QUIZ
Started on Monday, 5 February 2024, 12:10 PM
State Finished
Completed on Monday, 5 February 2024, 1:17 PM
Time taken 1 hour 7 mins
Marks 15.00/15.00
Grade 100.00 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
Noma invests R1 500 in an account earning 6,57% simple interest. The balance in the account 16 months later will equal
a. R1 631,40.
b. R1 632,82.
c. R2 814,00.
d. R1 644,02.
Question 2
Complete
Mark 1.00 out of 1.00
A bank’s discount rate is 12%. You need to pay the bank R5 000 in six months time. The amount of money that you will now receive from the
bank equals
a. R4 700,00.
b. R4 716,98.
c. R4 724,56.
d. R5 300,00.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=14610882&cmid=842667 1/6
