,3/12/24, 9:48 PM Assessment 1
FIN3702-24-S1 Welcome Message Assessment 1
QUIZ
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, 3/12/24, 9:48 PM Assessment 1
Question 1
Thyme Bank Ltd has offered Pizza Parlour Ltd the
Answer saved
following in response to a R250 000 one-year loan
Marked out of
application which was made to the bank. The stated
1.00
rate was 9% and a 13% compensating balance. What
will the effective annual rate be...
1. 7.00%
2. 8.75%.
3. 10.34%.
4.
13.00%.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=15003277&cmid=889560# 2/21
FIN3702-24-S1 Welcome Message Assessment 1
QUIZ
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=15003277&cmid=889560# 1/21
, 3/12/24, 9:48 PM Assessment 1
Question 1
Thyme Bank Ltd has offered Pizza Parlour Ltd the
Answer saved
following in response to a R250 000 one-year loan
Marked out of
application which was made to the bank. The stated
1.00
rate was 9% and a 13% compensating balance. What
will the effective annual rate be...
1. 7.00%
2. 8.75%.
3. 10.34%.
4.
13.00%.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=15003277&cmid=889560# 2/21