DSC1630 Introductory Financial Mathematics (DSC1630)

DSC1630 Exam Pack 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25477 954 0132 .

1. On his ninth birthday on 21 February Shelly received R420. His parents immediately invested the money in an account that earns 7,5% simple interest. The amount of money that can be withdrawn on 5 June for the same year equals [1] R411,21. [2] R428,89. [3] R428,98. [4] R429,07. [5] none of the above. 2. An interest rate of 16,4% compounded quarterly is equivalent to a weekly compounded interest of [1] 16,073%. [2] 16,098%. [3] 16,714%. [4] 16,741%. [5] none of the ab...

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...

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...

DSC1630 Introductory Financial Mathematics Department of Decision Sciences Assignment 01 for Semester 01 2022 Unique assignment number: Due Date: 1 March 2022 Question 1 Patric borrows money from Zanele at a simple discount rate of 9,75% per annum. He must pay him R35 000 in 27 months’ time. The amount of money that he receives from Zanele now is [1] R27 321,88. [2] R44 835,87. [3] R28 389,51. [4] R42 678,13. Answer:

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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...

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DSC1630 EXAM PACK OCT/NOV 2022/2023 1. On his ninth birthday on 21 February Shelly received R420. His parents immediately invested the money in an account that earns 7,5% simple interest. The amount of money that can be withdrawn on 5 June for the same year equals [1] R411,21. [2] R428,89. [3] R428,98. [4] R429,07. [5] none of the above. 2. An interest rate of 16,4% compounded quarterly is equivalent to a weekly compounded interest of [1] 16,073%. [2] 16,098%. [3] 16,714%. [4] 16,...