Dsc1630 notes Study guides, Study notes & Summaries

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DSC1630 EXAM PACK 2022. DSC1630 - Introductory Financial Mathematics 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 300,00. [5] R5 319,15. Question 3 Jacob invests R8 350 in an account that pays simple interest. After six years,the amount that he receives (accumulated sum) is R12 859. The simple interest rate on the...

DSC1630 EXAM PACK 2022. DSC1630 - Introductory Financial Mathematics 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 300,00. [5] R5 319,15. Question 3 Jacob invests R8 350 in an account that pays simple interest. After six years,the amount that he receives (accumulated sum) is R12 859. The simple interest rate on the...

DSC1630- Introductory Financial Mathematics EXAM PACK 2022. 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. Yo 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. ...

DSC1630- Introductory Financial Mathematics EXAM PACK 2022. CONFIDENTIAL Page 2 of 13 DSC1630 May/June 2020 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. Yo need to pay the bank R5 000 in six months’ time. The amount of money that you will receive fr...

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DSC1630 -Introductory Financial Mathematics EXAM PACK 2022. 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. Yo 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. ...

MAY/JUNE 2020 DSC1630 INTRODUCTORY FINANCIAL MATHEMATICS 100 Marks Duration: 2 Hours 30 Minutes EXAMINERS: First: Mrs MF Immelman Second: Mrs WA Van Hoepen This paper consists of 13 pages, including a list of formulas and a date table. Programmable calculator permissible. Instructions: Answer all the questions. The paper comprises of 30 questions that count a total of 100 marks. Only ONE option, indicated as [1] [2] [3] [4] [5] per question is correct. Marks will not be deducted for...

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