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Introductory Financial Mathematics DSC1630 Solution Assignment 01
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Introductory Financial Mathematics DSC1630 Solution Assignment 01 Assignment 01 – Detailed Solution Question 1 A sum of R1 000 is due in five months’ time from now, at a simple interest rate of 12% per annum. The present value of the sum is [1] R952,38. [2] R567,43. [3] R1 050,00. [4] R...
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