100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Previously searched by you
Previously searched by you
logo
  • University Of South Africa (Unisa)
  • FIN2603 - Finance For Non-Financial Managers (FIN2603)
To add items to your wishlist, you must be logged in
Case

FIN2603 Assignment 2 Second Semester 2022

Rating
4.5
(2)
Sold
11
Pages
7
Grade
A+
Uploaded on
18-09-2022
Written in
2022/2023

This document contains workings and explanations for the second assignment of 2022 second semester

Institution
University Of South Africa (Unisa)
Course
FIN2603 - Finance For Non-Financial Managers (FIN2603)









Whoops! We can’t load your doc right now. Try again or contact support.
Report Copyright Violation

Written for

Institution
University of South Africa (Unisa)
Course
FIN2603 - Finance For Non-Financial Managers (FIN2603)
All documents for this subject (27)

Document information

Uploaded on
September 18, 2022
File latest updated on
September 21, 2022
Number of pages
7
Written in
2022/2023
Type
Case
Professor(s)
Mthombeni
Grade
A+

Subjects

  • fin2603
  • fin2603 assignment 2

Content preview

FIN2603
ASSIGNMENT 2
SECOND SEMSTER 2022


BY: MTHOMBENI : 0767297208

1

, QUESTION 1
Calculate the future value (FV) of R10 000 invested for 5 years at an interest rate of 7%, interest compounded
semi-annually.


Pv = 10 000
N = 10 (5 x 2)
i = 7% /2
Comp Fv = 14 106 Option C


QUESTION 2
Calculate the growth rate of the following stream of cash flows:
Year Cash flow
2013 R 1 700
2012 R 1 400
2011 R 1 200
2010 R 1 000


Pv = - 1 000
Fv = 1 700
N=3
Comp 1/y = 19% Option C


QUESTION 3
Calculate the present value (PV) of R100 000 received 9 years from today at an interest rate of 12%.


Fv= 100 000
N=9
1/y = 12%
Comp Pv = 36 061 Option C




2
$6.15
Get access to the full document:
100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached
Get to know the seller
Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
TheTeachingMachine
4.5
(205)

Reviews from verified buyers

Showing all 2 reviews
3 year ago

3 year ago

4.5

2 reviews

5
1
4
1
3
0
2
0
1
0
Trustworthy reviews on Stuvia

All reviews are made by real Stuvia users after verified purchases.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
TheTeachingMachine University of Johannesburg
View profile
Follow You need to be logged in order to follow users or courses
Sold
1152
Member since
4 year
Number of followers
792
Documents
98
Last sold
5 months ago

4.5

205 reviews

5
153
4
28
3
11
2
5
1
8

Recently viewed by you

Thumbnail
Summary
ADN 221 Lab Values and their meanings summary
-
2025
R 231,01 More info
Thumbnail
Summary
COMPLETE summary of the book and lectures
4.0
(1)
2 2018
€ 7,49 More info
Thumbnail
Summary
Cálculo en una variable.
-
2021
R 80,65 More info
Thumbnail
Other
(solved) Assignment: Agenda Comparison Grid and Fact Sheet/ NURS 6050 Assignment: Agenda Comparison Grid and Fact Sheet (2022)
-
2022
R 146,47 More info
Thumbnail
Exam (elaborations)
CRW2601 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
3.3
(3)
15 2024
R 50,00 More info
Thumbnail
Textbook notes
Chapter 16 - The Cognitive Approach
-
1 2018
R 111,97 More info
Thumbnail
Exam (elaborations)
MGMT 3850 CHAPTER 9 HOMEWORK QUESTION AND ANSWERS
-
2024
$ 11.49 More info
Thumbnail
Other
New Business H431/01: Operating in a local business environment Advanced GCE Mark Scheme for November 2020
-
2022
$ 7.49 More info
Thumbnail
Case
NR 509 Shadow Health - Comprehensive Assessment Transcript
-
2022
$ 12.49 More info

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions