Dsc1630 assignment 1 2022 Study guides, Study notes & Summaries

Assignment 01 Solutions with step-by-step calculations/explanations).

This document contain DSC1630 assignment 1 semester 2 2022 questions and answers with step by step TRUSTED calculations

DSC1630 Assignment 1 Semester 2 2022 Questions and 100% TRUSTED answers with CALCULATIONS

DSC1630 Introductory Financial Mathematics Department of Decision Sciences Assignment 01 for Semester 01 2022 Unique assignment number: Due Date: 1 March 2022 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 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 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:

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: