DSC1630 Introductory Financial Mathematics (DSC1630)
University of South Africa
Here are the best resources to pass DSC1630 Introductory Financial Mathematics (DSC1630). Find DSC1630 Introductory Financial Mathematics (DSC1630) study guides, notes, assignments, and much more.
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Exam (elaborations)
DSC1630-assignment-1-first-semester
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--9March 20242023/2024A+Available in bundle
- Question 1 
 
Patrick borrows money from Zanele at a simple discount rate of 9,75% per annum. He must pay 
money that he receives from Zanele now is 
 
 
 
 
 
 
 
 
Question 2 
 
On 29 March 2022, Justin deposited R3 500 into a savings account. The simple interest rate agreed upon was 7,5% per year. The accumulated amount in the savings account on 10 October 2022 is 
Note: ignore the leap year unless it is specified that it is a leap year
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R50,01 More Info
morrisacademiamorrisa
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Exam (elaborations)
DSC 1630-ass-3-assignment-questions-with-asnwers
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-16March 20242023/2024A+Available in bundle
- DSC 1630-ass-3-assignment-questions-with-asnwers
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R50,01 More Info
morrisacademiamorrisa
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Exam (elaborations)
DSC_1630 Assignment With Answers
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---9July 20232022/2023A+
- DSC_1630 Assignment With Answers 
1. 2 
2. 1 The time line of the problem is 
Now the money that Michael still needs is the difference between the cost of the lens and his savings, 
which is 
R10 500,00 − R10 035,00 = R465,00. 
3. 4 
Now as all the answers are given as days we need to change the 0,71138 years to days. Now there 
are 365 days in a year and thus 
4. 1 The situation can be represented by a time line as: 
5. 3 The time line is:
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R50,01 More Info
D0ctorMackenzie