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I myExams TA
Nelcome Message / Assessment 5
nswers will be automatically submitted after 75 minutes, whether you have answered all the questions or not. Assessment Sis proctored. Your web camer
ential, thus you will not be able to go back to any question. The quiz consists of 15 questions. You have only ONE attempt to submit.
Attempts allowed: 1
This quiz opened at Monday, 30 September 2024, 8:00 AM
This quiz will close on Monday, 30 September 2024, 11.00 PM.
continue with this quiz attempt you must open your webcam, and it will take some of your pictures randomly during the quiz.
Time limit: 1 hour 15 mins
Attempt quiz now
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Question 1
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To pay off a loan of R7 000 due now and a loan of
R2 000 due in 14 months' time, Mrs Skosana
agrees to make three payments in two, five and ten
months' time respectively. The second payment is
to be double the first and the third payment is to be
triple the first. What is the approximated size of the
payment at month five if interest is calculated at
16% per year, compounded monthly?
I myExams TA
Nelcome Message / Assessment 5
nswers will be automatically submitted after 75 minutes, whether you have answered all the questions or not. Assessment Sis proctored. Your web camer
ential, thus you will not be able to go back to any question. The quiz consists of 15 questions. You have only ONE attempt to submit.
Attempts allowed: 1
This quiz opened at Monday, 30 September 2024, 8:00 AM
This quiz will close on Monday, 30 September 2024, 11.00 PM.
continue with this quiz attempt you must open your webcam, and it will take some of your pictures randomly during the quiz.
Time limit: 1 hour 15 mins
Attempt quiz now
, MENU myExams
Question 1
Not yet answered
Marked out of 1.00
Flag question
To pay off a loan of R7 000 due now and a loan of
R2 000 due in 14 months' time, Mrs Skosana
agrees to make three payments in two, five and ten
months' time respectively. The second payment is
to be double the first and the third payment is to be
triple the first. What is the approximated size of the
payment at month five if interest is calculated at
16% per year, compounded monthly?
