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Dsc1630 Assessment I Sem I Of 2025 Expected Questions And Answers

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2024/2025 Written for academic year
Institution University Of South Africa (Unisa)
Course Introductory Financial Mathematics (DSC1630)
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THIS DOCUMENT CONTAINS DSC1630 ASSESSMENT I SEM I OF 2025 EXPECTED QUESTIONS AND ANSWERS . USE IT CORRECTLY AS A GUIDE TO SCORE ABOVE 75%

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Sahid needs R10 500 in ten months’ time to buy new tyres for his car. Two months ago he deposited R9 000 in a savings account at a simple interest rate of 11,5% per year.
The amount of money that Sahid will still need to buy the tyres ten months from now is


a. R229,50.
b. R408,67.
c. R465,00.
d. R637,50.

, Lindi borrows money from the bank at a discount rate of 16,5% per year. She must pay the bank R30 000 in eight months' time
from now. The amount of money she receives from the bank now is


a. R26 700,00.
b. R27 027,03.
c. R33 300,00.
d. R33 463,26.

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