Exam (elaborations)
DSC1630 ASSIGNMENT 3 SEMESTER 1. INTRODUCTION TO FINANCIAL MATHEMATICS.
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DSC1630 ASSIGNMENT 3 SEMESTER 1. INTRODUCTION TO FINANCIAL MATHEMATICS.Question 1 Mabe borrowed an amount of money from his father. The loan will be paid back by means of payments of R25 000 each every second month for six years. An interest rate of 7,5% per year, compounded every two months, wi...
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