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DSC1630 Assignment 1 Semester 2 2022

Name: DSC1630 Assignment 1 Semester 2 2022
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DSC1630 Assignment 1 Semester 2 2022 Questions and 100% TRUSTED answers with CALCULATIONS

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ANSWER
10,5% 52𝑛
30 835.42 = 25 000 (1 + )
52
30 835.42 0.105
In( ) = 52In (1 + )
25 000 52

𝑛 = 1.99 ≈ 2 𝑦𝑒𝑎𝑟𝑠
𝐼𝑛 𝑤𝑒𝑒𝑘𝑠, 2 𝑦𝑒𝑎𝑟𝑠 = 52 × 2 = 104 𝑤𝑒𝑒𝑘𝑠
𝑇ℎ𝑒 𝑎𝑛𝑠𝑤𝑒𝑟 𝑖𝑠 𝑜𝑝𝑡𝑖𝑜𝑛 𝐵. 104 𝑤𝑒𝑒𝑘𝑠

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Institution: University of South Africa (Unisa)
Course: DSC1630 - Introductory Financial Mathematics

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semester 2 2022

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