)SC1630-26-S1 Welcome Message Assessment 1
DSC1 630-26-S2 > Welcome Message > Assessment 2
Started on Saturday, 4 July 2026, 18:20 AM
State Finished
Marks 15.00/15.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
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Question text
Ali decides to invest R140 000 into an account earning 13,5% interest per year, compounded
quarterly. This new account allows him to withdraw an amount of money every quarter for ten years
after which time the account will be exhausted. The amount of money that Ali can withdraw every
quarter is
A.
R3 500,00.
B.
R1 704,28.
C.
R6 429,28.
D.
R8 594,82.
, Question 2
Incorrect
Mark 0.00 out of 1.00
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Question text
A savings account pays interest at the rate of 5% per year, compounded semi-annually. The amount
that should be deposited now so that R250 can be withdrawn at the end of every six months for the
next ten years is
A.
R3 144,47.
B.
R6 386,16.
C.
R1 930,43.
D.
R3 897,29.
DSC1 630-26-S2 > Welcome Message > Assessment 2
Started on Saturday, 4 July 2026, 18:20 AM
State Finished
Marks 15.00/15.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Ali decides to invest R140 000 into an account earning 13,5% interest per year, compounded
quarterly. This new account allows him to withdraw an amount of money every quarter for ten years
after which time the account will be exhausted. The amount of money that Ali can withdraw every
quarter is
A.
R3 500,00.
B.
R1 704,28.
C.
R6 429,28.
D.
R8 594,82.
, Question 2
Incorrect
Mark 0.00 out of 1.00
Flag question
Question text
A savings account pays interest at the rate of 5% per year, compounded semi-annually. The amount
that should be deposited now so that R250 can be withdrawn at the end of every six months for the
next ten years is
A.
R3 144,47.
B.
R6 386,16.
C.
R1 930,43.
D.
R3 897,29.
