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  • Finance For Non-Financial Managers (FIN2603)
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Fin2603 Assignment 2 Semester 1 2025 MCQ (Distinction Guaranteed)

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Course
Finance For Non-Financial Managers (FIN2603)
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Fin2603 Assignment 2 Semester 1 2025 solution

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FIN2603-25-S1  Welcome Message  Assessment 2


QUIZ




Started on Friday, 18 April 2025, 5:06 PM
State Finished
Completed on Friday, 18 April 2025, 5:33 PM
Time taken 26 mins 46 secs


Question 1

Complete

Marked out of 1.00




At what annual interest rate must a single amount of R5 000 be invested for 5 years to yield approximately R7 500?


a. 8.45%

b. 7.20%

c. 10.76%

d. 9.86%




Question 2

Complete

Marked out of 1.00




Calculate the difference between the following two investment proposals.
(a) R1 401.82 invested annually for five successive years at 9% per annum.
(b) R5 209.22 invested for five years at 10% per annum compound interest.


a. R0

b. R 80.25

c. R 36.10

d. R100.35

, Question 3

Complete

Marked out of 1.00




Calculate the future value (FV) of R15 000 invested for six years at an interest rate of 8%, compounded monthly.


a. R26 734

b. R24 260

c. R14 026

d. R23 803




Question 4

Complete

Marked out of 1.00




Calculate the growth rate of the following stream of cash flows:
YEAR CASH FLOW
2024 R 3 600
2023 R 3 000
2022 R 1 900
2021 R 1 000


a. 43%

b. 26%

c. 53%

d. 23%




Question 5

Complete

Marked out of 1.00




Calculate the present value (PV) of R100 000 received 9 years from today at an interest rate of 12%.


a. R37 980

b. R36 061

c. R43 998

d. R27 895

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