2025 – S1 – MNB1601 – ASSESSMENT 2 – Q&A
QUIZ
Assessment 2
Started on Saturday, 5 April 2025,
State Finished
Completed on Saturday, 5 April 2025,
Time taken
Marks 30.00/30.00
Grade 100.00 out of 100.00
Question 1
IBM decides to invest R425 000 in a fixed account that earns 15% interest. How much
will the fixed account be worth in four years’ time?
Use the following tables, containing the discounting factors, as needed for this
question:
Discounting factors to calculate present values
5% 10% 15%
Periods
1 0,9524 0,9091 0,8696
2 0,9070 0,8264 0,7561
3 0,8638 0,7513 0,6575
4 0,8227 0,6830 0,5718
5 0,7835 0,6209 0,4972
6 0,7462 0,5645 0,4323
Discounting factors to calculate future values
1
,2025 – S1 – MNB1601 – ASSESSMENT 2 – Q&A
5% 10% 15%
Periods
1 1,0500 1,1000 1,1500
2 1,1025 1,2100 1,3225
3 1,1576 1,3310 1,5209
4 1,2155 1,4641 1,7490
5 1,2763 1,6105 2,0114
6 1,3401 1,7716 2,3131
Select one:
a.
R243 015
b.
R854 845
c.
R743 325
d.
R830 258
Question 2
When looking at the total quality management model, the interface between quality
systems and quality techniques or methods is ______________ .
Select one:
a.
culture
b.
commitment
c.
communication
2
, 2025 – S1 – MNB1601 – ASSESSMENT 2 – Q&A
d.
control
Question 3
Sarah owns a perfume shop in Hazyview. If Sarah decides to invest R100 000 into an
account for future expansions of her perfume shop, what is the future value of the
amount if she invests it for three years at an interest rate of 5% per annum?
Use the following tables, containing the discounting factors, as needed for this
question:
Discounting factors to calculate present values
5% 10% 15%
Periods
1 0,9524 0,9091 0,8696
2 0,9070 0,8264 0,7561
3 0,8638 0,7513 0,6575
4 0,8227 0,6830 0,5718
5 0,7835 0,6209 0,4972
6 0,7462 0,5645 0,4323
Discounting factors to calculate future values
5% 10% 15%
Periods
1 1,0500 1,1000 1,1500
2 1,1025 1,2100 1,3225
3 1,1576 1,3310 1,5209
3
QUIZ
Assessment 2
Started on Saturday, 5 April 2025,
State Finished
Completed on Saturday, 5 April 2025,
Time taken
Marks 30.00/30.00
Grade 100.00 out of 100.00
Question 1
IBM decides to invest R425 000 in a fixed account that earns 15% interest. How much
will the fixed account be worth in four years’ time?
Use the following tables, containing the discounting factors, as needed for this
question:
Discounting factors to calculate present values
5% 10% 15%
Periods
1 0,9524 0,9091 0,8696
2 0,9070 0,8264 0,7561
3 0,8638 0,7513 0,6575
4 0,8227 0,6830 0,5718
5 0,7835 0,6209 0,4972
6 0,7462 0,5645 0,4323
Discounting factors to calculate future values
1
,2025 – S1 – MNB1601 – ASSESSMENT 2 – Q&A
5% 10% 15%
Periods
1 1,0500 1,1000 1,1500
2 1,1025 1,2100 1,3225
3 1,1576 1,3310 1,5209
4 1,2155 1,4641 1,7490
5 1,2763 1,6105 2,0114
6 1,3401 1,7716 2,3131
Select one:
a.
R243 015
b.
R854 845
c.
R743 325
d.
R830 258
Question 2
When looking at the total quality management model, the interface between quality
systems and quality techniques or methods is ______________ .
Select one:
a.
culture
b.
commitment
c.
communication
2
, 2025 – S1 – MNB1601 – ASSESSMENT 2 – Q&A
d.
control
Question 3
Sarah owns a perfume shop in Hazyview. If Sarah decides to invest R100 000 into an
account for future expansions of her perfume shop, what is the future value of the
amount if she invests it for three years at an interest rate of 5% per annum?
Use the following tables, containing the discounting factors, as needed for this
question:
Discounting factors to calculate present values
5% 10% 15%
Periods
1 0,9524 0,9091 0,8696
2 0,9070 0,8264 0,7561
3 0,8638 0,7513 0,6575
4 0,8227 0,6830 0,5718
5 0,7835 0,6209 0,4972
6 0,7462 0,5645 0,4323
Discounting factors to calculate future values
5% 10% 15%
Periods
1 1,0500 1,1000 1,1500
2 1,1025 1,2100 1,3225
3 1,1576 1,3310 1,5209
3
