Assignment 1 dc1630 2022 Study guides, Study notes & Summaries
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DSC1630 Assignment 1 Semester 1 2022 Solutions
- Exam (elaborations) • 20 pages • 2022
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- R68,19
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DSC1630 Assignment 1 Semester 1 
2022 Solutions 
Question 1 
Patric borrows money from Zanele at a simple discount rate of 9,75% per annum. He must 
pay him R35 000 in 27 months’ time. The amount of money that he receives from Zanele 
now is 
[1] R27 321,88. 
[2] R44 835,87. 
[3] R28 389,51. 
[4] R42 678,13. 
Answer: 

-
DSC1630 Assignment 1 Semester 1 2022 Solutions
- Exam (elaborations) • 20 pages • 2022
-
- R54,13
- + learn more
DSC1630 Assignment 1 Semester 1 
2022 Solutions 
Question 1 
Patric borrows money from Zanele at a simple discount rate of 9,75% per annum. He must 
pay him R35 000 in 27 months’ time. The amount of money that he receives from Zanele 
now is 
[1] R27 321,88. 
[2] R44 835,87. 
[3] R28 389,51. 
[4] R42 678,13. 
Answer: