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DSC1630 Exam Papers Bundle Question 1 The amount of money you have to invest at a simple interest rate of 15% per annum, to earn R5 250 interest after three years, is [1] R3 620,69. [2] R10 000,00. [3] R5 249,48. [4] R122 500,00. [5] R11 666,67. Question 2 A bank’s simple discount rate is 12% per annum. You need to pay the bank R5 000 in six months’ time. The amount of money that you will receive from the bank now is [1] R4 700,00. [2] R4 716,98. [3] R4 724,56. [4] R5 300,00. [5] R5 319,15. Question 3 Jacob invests R8 350 in an account that pays simple interest. After six years, the amount that he receives (accumulated sum) is R12 859. The simple interest rate on the investment, rounded to two decimal places, is [1] 0,75% per year. [2] 45,09% per year. [3] 1,08% per year. [4] 9,00% per year. [5] none of the above.

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Uploaded on: March 12, 2024
Number of pages: 90
Written in: 2023/2024
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dsc1630 exam papers bundle

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DSC1630
Exam Papers Bundle

2022-2024

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Contains Questions ONLY

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,DSC1630
Exam Papers Bundle

2022-2024

Past Exam Papers
Contains Questions ONLY

, UNIVERSITY EXAMINATIONS

MAY/JUNE 2022

DSC1630
INTRODUCTORY FINANCIAL MATHEMATICS
100 Marks
Duration: 2 Hours 30 Minutes

EXAMINERS:
First: Mrs MF Immelman Second: Mrs WA Van Hoepen

This paper consists of 13 pages, including a list of formulas and a date table.
Programmable calculator permissible.
Instructions:
Answer all the questions.
The paper comprises of 30 questions that count a total of 100 marks.
Only ONE option, indicated as [1] [2] [3] [4] [5] per question is correct.
Marks will not be deducted for incorrect answers.
The answers to the examination MCQ may only be submitted online.
Please contact if you do experience any myUnisa problems during the examination.
Disclaimer:
We would like to remind you that Unisa has a zero tolerance for any form of plagiarism or examination
dishonesty.

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