MAC2601 Assignment 1 | Semester 1 2025 (817252)- DUE 18 March 2025.

,Assessment 1: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=242
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BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275


UNISA  2025  MAC2602-25-S1  WELCOME TO MAC2602 - SEMESTER 1 - 2025  Assessment 1

QUIZ




Friday, 14 March 2025, 10:50 AM
Finished
Friday, 14 March 2025, 11:31 AM
44 mins 17 secs
50.00/50.00
100.00 out of 100.00



Correct

Mark 3.00 out of 3.00




You decided to save your spare cash that you estimated that you will have available at the end of each year for the next four
years. You estimated that you will have R5 000 available in Year 1; R6 000 in Year 2; R4 000 in Year 3 and R5 000 in Year 4. You
will invest these estimated amounts at a bank that allows 10% compound interest to be earned. Calculate the Present value of
your future income from this investment? Set your calculator on four decimal places and round your �nal answer to the
nearest rand. If slight rounding differences occur - choose the alternative that is closest to your answer.
(a) R15 924
(b) R17 517
(c) R17 434
(d) R22 000



Select one:
a. R17 434

b. R15 924 

c. R17 517

d. R22 000




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