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Exam (elaborations)

DSC1630 ASSIGNMENT 1 SEMESTER 1 2023

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This document contain DSC1630 ASSIGNMENT 1 SEMESTER 1 2023 Questions and Answers with Calculations

Institution
University Of South Africa (Unisa)
Course
DSC1630 - Introductory Financial Mathematics








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DSC1630 - Introductory Financial Mathematics
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ANSWER

𝑆 = 𝑃 + 𝑃𝑟𝑡
5
1 000 = 𝑃(1 + 0.12 × ( ))
12
21
1 000 = 𝑃(20)

𝑃 = 952.38



𝑂𝑝𝑡𝑖𝑜𝑛 𝐴




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