DSC1630 Exam Papers Bundle 2022 2024 (DSC1630)
University of South Africa
Here are the best resources to pass DSC1630 Exam Papers Bundle 2022 2024 (DSC1630). Find DSC1630 Exam Papers Bundle 2022 2024 (DSC1630) study guides, notes, assignments, and much more.
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DSC1630 Exam Papers Bundle 2022-2024:
- Exam (elaborations) • 90 pages • 2024
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DSC1630
Exam Papers Bundle
Question 1
The amount of money you have to invest at a simple interest rate of 15% per annum, to earn R5 250
interest after three years, is
[1] R3 620,69.
[2] R10 000,00.
[3] R5 249,48.
[4] R122 500,00.
[5] R11 666,67.
Question 2
A bank’s simple discount rate is 12% per annum. You need to pay the bank R5 000 in six months’ time.
The amount of money that you will receive from the bank now is
[1] R4 700,00.
[2] R4 716,98.
[3] R4 724,56.
[4] R5 3...
Exam (elaborations)
DSC1630 Exam Papers Bundle 2022-2024:
Last document update:
ago
DSC1630 Exam Papers Bundle Question 1 The amount of money you have to invest at a simple interest rate of 15% per annum, to earn R5 250 interest after three years, is [1] R3 620,69. [2] R10 000,00. [3] R5 249,48. [4] R122 500,00. [5] R11 666,67. Question 2 A bank’s simple discount rate is 12% per annum. You need to pay the bank R5 000 in six months’ time. The amount of money that you will receive from the bank now is [1] R4 700,00. [2] R4 716,98. [3] R4 724,56. [4] R5 3...
R51,59
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