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DSC1630 Assignment 2 (COMPLETE ANSWERS) Semester 2 2025 – DUE September 2025; 100% correct solutions and explanations.
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DSC1630 Assignment 2 (COMPLETE ANSWERS) Semester 2 2025 – DUE September 2025; 100% correct solutions and explanations.Assignment 02 Questions Introductory Financial Mathematics DSC1630 Semester 2 Department of Decision Sciences Important Information: This document contains the questions of Assignment 02. DSC1630/ASS02/2 2 Assignment 02 – Questions Question 1 Determine the equivalent weekly compounded interest rate (to two decimal places) of an interest rate of 14,90% per year, compounded quarterly. [4] Question 2 Quarterly deposits of R400 each are made into a bank account earning interest at 16% per year compounded quarterly. Determine the time in quarters (rounded to the nearest quarter) that it
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University Of South Africa
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dsc1630 assignment 2 complete answers semester 2
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