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DSC1630 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 (234521)- DUE 8 August 2024QUESTIONS AND COMPLETE WELL EXPLAINED AND 100% CORRECT VERIFIED ANSWERS WITH RATIONALE LATEST UPDATE 2024 GRADED A+[ALL YOU NEED TO PASS YOUR EXAMS][100% GUARANTEED SUCCES

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DSC1630 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 (234521)- DUE 8 August 2024QUESTIONS AND COMPLETE WELL EXPLAINED AND 100% CORRECT VERIFIED ANSWERS WITH RATIONALE LATEST UPDATE 2024 GRADED A+[ALL YOU NEED TO PASS YOUR EXAMS][100% GUARANTEED SUCCESS AFTER DOWNLOAD]

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  • dsc1630 assignment 3
  • dsc1630 assignment 3 complete answers semester 2
  • dsc1630 assignment 3 complete answers

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DSC1630
ASSIGNMENT 3
SEMESTER 1 AND 2

, 1. 4 The time line is:




In this case we firstly need to change the quarterly compounded interest rate to a monthly compound
interest rate using the above formula.




Secondly, we use the new monthly interest rate to calculate the future value of the annuity:




2. 1 The time line is:




Now given are the value she would need or future value S of R145 000, the compound interest rate jm
of 11,05% and monthly compounding periods (m = 12). Asked is the size of her monthly deposits.
Thus
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