DSC1630 Introductory Financial Mathematics (DSC1630)
University of South Africa
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DSC1630
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DSC1630: Introductory Financial Mathematics: Assignment 1, 2022 Page 1
DSC1630 Assignment 1 Possible Solutions 
Semester 1, 2022 
Question 1 
Patrick borrows money from Zanele
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morrisacademiamorrisa
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Exam (elaborations)
DSC1630 ASSIGNMENT 2 SEMESTER 1
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--224February 20222021/2022A+
- DSC1630 ASSIGNMENT 2 
SEMESTER 1. Introductory Financial Mathematics. Question 4 
An interest rate of 14,90% per year, compounded every 3 months, is equivalent to a weekly 
compounded interest rate of 
[1] 15,16%. 
[2] 14,65%. 
[3] 19,02%. 
[4] 14,88%. 
[5] none of the above. 
6 
7 
Question 5 
Martha needs R150 000 on 17 November 2020 to upgrade her deli. On 8 January 2020 she 
deposited an amount into an account earning 13,45% interest per year, compounded 
monthly, and being credited on the 1...
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ExcelAcademia2026
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DSC1630 EXAM PACK 2022
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--1224April 20222021/2022A+
- DSC1630 
EXAM PACK 2022 
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UNIVERSITY EXAMINATIONS 
mm 
MAY/JUNE 2020 
DSC1630 
INTRODUCTORY FINANCIAL MATHEMATICS 
100 Marks 
Duration: 2 Hours 30 Minutes 
EXAMINERS: 
First: Mrs MF Immelman Second: Mrs WA Van Hoepen 
This paper consists of 13 pages, including a list of formulas and a date table. 
Programmable calculator permissible. 
Instructions: 
Answ...
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lectdenis
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DSC1630 Introductory Financial Mathematics, NOTES WITH PRACTICAL EXAMPLES , ASSIGNMENT1, ASSIGNMENT 2, ASSIGNMENT 3 & ASSIGNMENT 4 Semester 1 & 2 2021.
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---5April 2022
- DSC1630 Introductory Financial Mathematics, NOTES WITH PRACTICAL EXAMPLES , ASSIGNMENT1, ASSIGNMENT 2, ASSIGNMENT 3 & ASSIGNMENT 4 Semester 1 & 2 2021.
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DoctorReinhad
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Exam (elaborations)
DSC1630 - Introductory Financial Mathematics_ASSIGNMENT_2_SEMESTER_1.
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-124March 20222021/2022A+Available in bundle
- DSC1630 - Introductory Financial Mathematics_ASSIGNMENT_2_SEMESTER_1. 
Question 1 
Shona decides that he would like to buy his lovely wife, Connie, a new car when she turns 
30 in six years’ time. He deposits R6 000 each month into an account earning 8,94% interest 
per year, compounded monthly. 
The amount that Shona (rounded to the nearest rand) will have available six years from now 
is 
[1] R568 948. 
[2] R573 187. 
[3] R333 412. 
[4] R335 896. 
[5] R432 000. 
In this problem we have equal...
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DoctorReinhad
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Exam (elaborations)
DSC1630 - Introductory Financial Mathematics.ASSIGNMENT_2_SEMESTER_1.
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--124March 20222021/2022A+
- DSC1630 - Introductory Financial Mathematics.ASSIGNMENT_2_SEMESTER_1.Question 1 
Shona decides that he would like to buy his lovely wife, Connie, a new car when she turns 
30 in six years’ time. He deposits R6 000 each month into an account earning 8,94% interest 
per year, compounded monthly. 
The amount that Shona (rounded to the nearest rand) will have available six years from now 
is 
[1] R568 948. 
[2] R573 187. 
[3] R333 412. 
[4] R335 896. 
[5] R432 000. 
In this problem we have equal p...
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DoctorReinhad
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Exam (elaborations) DSC1630 ASSIGNMENT 3 SEMESTER 1 AND 2 2 Exam (elaborations) DSC1630- EXAM PACK 2021 3 Exam (elaborations) DSC1630 Formules STUDY PACK. SUCCESS 4 SUMMARY Department of Decision Sciences Introductory Financial Mathematics Only study g
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---4February 2022
- Exam (elaborations)
DSC1630 ASSIGNMENT 3 SEMESTER 1 AND 2

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Exam (elaborations)
DSC1630- EXAM PACK 2021

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Exam (elaborations)
DSC1630 Formules STUDY PACK. SUCCESS

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SUMMARY
Department of Decision Sciences Introductory Financial Mathematics Only study guide for DSC1630

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Exam (elaborations)
DSC1630 NOTES WITH PRACTICAL EXAMPLE
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lectdenis
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Exam (elaborations)
DSC1630 - Introductory Financial Mathematics_assignment_1_semester_1_en_2_2021.
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--9March 20222021/2022A+Available in bundle
- DSC1630 - Introductory Financial Mathematics_assignment_1_semester_1_en_2_2021. 
1. 2 
2. 1 The time line of the problem is 
Now the money that Michael still needs is the difference between the cost of the lens and his savings, 
which is 
R10 500,00 − R10 035,00 = R465,00. 
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3. 4 
Now as all the answers are given as d...
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DoctorReinhad