ROYAL ACADEMY TUTORS Empowering you to conquer your world Providing World Class Tuition Fit for Kings & Queens Contact for Online and Exam Preparation Classes DSC1630: Introductory Financial Mathematics: Assignment 1, 2022 Page 1 DSC1630 Assignment 1 Possible Solutions Semester 1, 2022 Questio...
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Question 1 Patrick borrows money from Zanele at a simple discount rate of 9,75% per annum. He must pay money that he receives from Zanele now is Question 2 On 29 March 2022, Justin deposited R3 500 into a savings account. The simple interest rate agreed upon was 7,5% per year...
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Add to cartQuestion 1 Patrick borrows money from Zanele at a simple discount rate of 9,75% per annum. He must pay money that he receives from Zanele now is Question 2 On 29 March 2022, Justin deposited R3 500 into a savings account. The simple interest rate agreed upon was 7,5% per year...
DSC1630 Exam Papers Bundle 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...
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Add to cartDSC1630 Exam Papers Bundle 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...
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