If you invest r5 000 at a simple interest rate of 9 Study guides, Class notes & Summaries

DSC1630 EXAM PACK 2022. Introductory Financial Mathematics. The amount of money you have to invest at a simple interest rate of 15% per annum, to earn R5 250 interest after three years, is [1] R3 620,69. [2] R10 000,00. [3] R5 249,48. [4] R122 500,00. [5] R11 666,67. Question 2 A bank’s simple discount rate is 12% per annum. You need to pay the bank R5 000 in six months’ time. The amount of money that you will receive from the bank now is [1] R4 700,00. [2] R4 716,98. [3] R4 72...

QMI1500 ASSIGNMENT 03 SOLUTIONS SEMESTER 1,Preview of Question 1 If you invest R5 000 at a simple interest rate of 9% per annum for ten years, what is the total interest that you receive? [1] R4 500 [2] R2 280 [3] R450 [4] R5 450 Answer: Using the Sharp EL-738F Calculator: 5000(9 ÷ 100 × 10) = 4 500 OR:

DSC1630 EXAM PACK 2022 S - The study-notes marketplace Downloaded by: tebzamabalane | Distribution of this document is illegal S - The study-notes marketplace mm 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...

QMI1500 May/June 2020 Exam Questions and answers including the calculator steps for interest calculations.

DSC1630- Introductory Financial Mathematics EXAM PACK 2022. Question 1 The amount of money you have to invest at a simple interest rate of 15% per annum, to earn R5 250 interest after three years, is [1] R3 620,69. [2] R10 000,00. [3] R5 249,48. [4] R122 500,00. [5] R11 666,67. Question 2 A bank’s simple discount rate is 12% per annum. Yo need to pay the bank R5 000 in six months’ time. The amount of money that you will receive from the bank now is [1] R4 700,00. [2] R4 716,98. ...

DSC1630- Introductory Financial Mathematics EXAM PACK 2022. CONFIDENTIAL Page 2 of 13 DSC1630 May/June 2020 Question 1 The amount of money you have to invest at a simple interest rate of 15% per annum, to earn R5 250 interest after three years, is [1] R3 620,69. [2] R10 000,00. [3] R5 249,48. [4] R122 500,00. [5] R11 666,67. Question 2 A bank’s simple discount rate is 12% per annum. Yo need to pay the bank R5 000 in six months’ time. The amount of money that you will receive fr...

DSC1630 -Introductory Financial Mathematics EXAM PACK 2022. Question 1 The amount of money you have to invest at a simple interest rate of 15% per annum, to earn R5 250 interest after three years, is [1] R3 620,69. [2] R10 000,00. [3] R5 249,48. [4] R122 500,00. [5] R11 666,67. Question 2 A bank’s simple discount rate is 12% per annum. Yo need to pay the bank R5 000 in six months’ time. The amount of money that you will receive from the bank now is [1] R4 700,00. [2] R4 716,98. ...

FIN2601 Exam Pack. Financial Management. At the end of 2015, Moscow Industries reported retained earnings of R775 000 and it had R367 500 worth of net income during the year. The previous year the company had reported R455 000 in retained earnings. If the company purchased no shares during 2007, how much dividends did it pay during 2015 1. R 47 500 2. R 47 381 3. R 52 500 4. R 55 125 5) A firm with sales of R1 000 000, net profit after taxes of R52 250, total assets of R1 200 000 and t...