Crowdly
Add to Chrome
DSC1630-25-S2
Looking for DSC1630-25-S2 test answers and solutions? Browse our comprehensive collection of verified answers for DSC1630-25-S2 at cems.myexams.unisa.ac.za.
Get instant access to accurate answers and detailed explanations for your course questions. Our community-driven platform helps students succeed!
Questions are sequential. You will not be able to go back to a previous question or skip questions once you've clicked "Next Page".
An amount of R600 is invested every month for eight years. The applicable interest rate is 14,65% per year, compounded quarterly. The accumulated amount of these monthly payments to the nearest hundred rand is
Questions are sequential. You will not be able to go back to a previous question or skip questions once you've clicked "Next Page".
Amber is going to need R145 000 in three years’ time, to pay for a holiday overseas. She immediately starts to make monthly deposits into an account earning 11,05% interest per year, compounded monthly. Amber’s monthly deposit is
Questions are sequential. You will not be able to go back to a previous question or skip questions once you've clicked "Next Page".
An amount of money accumulates to R45 946 at a continuous compounding rate of 8% per year, after 57 months. The original amount is
Questions are sequential. You will not be able to go back to a previous question or skip questions once you've clicked "Next Page".
If
thenQuestions are sequential. You will not be able to go back to a previous question or skip questions once you've clicked "Next Page".
Three years ago Mahek borrowed R10 000 from Lettisha on condition that he should pay her back two years from now. He also owes Lettisha R6 000 payable five years from now. The applicable interest rate for both transactions is 13,75% per year,
compounded half yearly. After considering his payback schedule, Mahek asks Lettisha if he can pay her R9 000 now and the rest in four years’ time. She agrees on condition that the new agreement will run from now and that an interest rate of 16,28%
per year, compounded monthly, will be applicable from now. The amount that Mahek will have to pay Lettisha four years from now is
Questions are sequential. You will not be able to go back to a previous question or skip questions once you've clicked "Next Page".
You are saving to pay for your daughter’s university fees in 20 years’ time. Your saving deposit the first year is R3 600, after which your yearly deposits increases by R360 each year. If the expected interest rate is 10% per year, the amount that
you expect to receive to the nearest ten rand on the maturity date will be
Questions are sequential. You will not be able to go back to a previous question or skip questions once you've clicked "Next Page".
A nominal interest rate of 19,40% per year, compounded monthly, is equivalent to a continuous compounding rate of
Questions are sequential. You will not be able to go back to a previous question or skip questions once you've clicked "Next Page".
Siziphiwe wants to buy Clean Carwash around the corner. The following cash flows are involved:
Time (years)
|
Cash flows (R)
|
2
3
7
8
9
|
200 000
−500 000
700 000
850 000
−210 000
|
Siziphiwe can borrow money at 19% per annum while he can invest at 17,5% per annum.
The present value of the cash outflows is
Questions are sequential. You will not be able to go back to a previous question or skip questions once you've clicked "Next Page".
Ngoako received an amount of R2 340 from the bank at a discount rate of 12% per annum at the beginning of September. The future value of the loan at the beginning of July the following year is
Questions are sequential. You will not be able to go back to a previous question or skip questions once you've clicked "Next Page".
Percy needs R30 835,42 to buy a second-hand trailer. How long will it take him to save towards this amount if he deposits R25 000 now into a savings account earning 10,5% interest per year, compounded weekly?