Exam (elaborations)
DSC1630 EXAM PACK 2022
- Institution
- University Of South Africa
DSC1630 EXAM PACK 2022. DSC1630 - Introductory Financial Mathematics 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 724,56. [4] R5 300,...
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