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Exam (elaborations)

Exam (elaborations) FIN2603 - Finance For Non-Financial Managers (FIN2603) Finance for Nonfinancial Managers, Second Edition (Briefcase Books Series), ISBN: 9780071824361

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FIN2603 assignment 02 semester 02 2022

Institution
University Of South Africa (Unisa)
Course
FIN2603 - Finance For Non-Financial Managers (FIN2603)

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9/20/22, 4:23 PM Assessment 2: Attempt review

Started on Tuesday, 20 September 2022, 3:28 PM
State Finished
Completed on Tuesday, 20 September 2022, 4:22 PM
Time taken 53 mins 36 secs


Question 1
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Calculate the future value (FV) of R10 000 invested for 5 years at an interest rate of 7%, interest compounded semi-annually.


a. R16 234
b. R14 026
c. R14 106
d. R14 900




Question 2
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Marked out of 1.00




Calculate the growth rate of the following stream of cash flows:
Year Cash flow
2013 R 1 700
2012 R 1 400
2011 R 1 200
2010 R 1 000


a. 19%
b. 14%
c. 13%
d. 23%




Question 3
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Calculate the present value (PV) of R100 000 received 9 years from today at an interest rate of 12%.


a. R27 895
b. R37 980
c. R43 998
d. R36 061




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=5723690&cmid=315730 1/4
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Gene Siciliano Finance for Nonfinancial Managers, Second Edition (Briefcase Books Series)
  • 2014
  • 9780071824361
  • Unknown

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Institution
University of South Africa (Unisa)
Course
FIN2603 - Finance For Non-Financial Managers (FIN2603)

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Number of pages
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