DSC1630-24-S1 Welcome Message Assessment 2
QUIZ
Started on Thursday, 15 February 2024, 7:34 PM
State Finished
Completed on Thursday, 15 February 2024, 9:01 PM
Time taken 1 hour 27 mins
Marks 12.00/15.00
Grade 80.00 out of 100.00
Question 1
Complete
Mark 0.00 out of 1.00
An interest rate of 17,5% per year compounded quarterly is equivalent to a continuous compounding rate of
a. 17,128%.
b. 17,185%.
c. 17,500%.
d. 17,888%.
Question 2
Complete
Mark 1.00 out of 1.00
An amount borrowed at 29% interest per year compounded continuously has accumulated to R38 279,20 after four years. The initial amount
borrowed was
a. R7 160,73.
b. R12 000,00.
c. R12 005,53.
d. R13 823,05.
QUIZ
Started on Thursday, 15 February 2024, 7:34 PM
State Finished
Completed on Thursday, 15 February 2024, 9:01 PM
Time taken 1 hour 27 mins
Marks 12.00/15.00
Grade 80.00 out of 100.00
Question 1
Complete
Mark 0.00 out of 1.00
An interest rate of 17,5% per year compounded quarterly is equivalent to a continuous compounding rate of
a. 17,128%.
b. 17,185%.
c. 17,500%.
d. 17,888%.
Question 2
Complete
Mark 1.00 out of 1.00
An amount borrowed at 29% interest per year compounded continuously has accumulated to R38 279,20 after four years. The initial amount
borrowed was
a. R7 160,73.
b. R12 000,00.
c. R12 005,53.
d. R13 823,05.
