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DSC1630 EXAM PACK 2023 DSC1630 ASSIGNMENT 1 SEMESTER 1 2023
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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 mont...
Preview 1 out of 21 pages
Add to cartDSC1630 
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 mont...
2x sold
DSC1630 - Introductory Financial Mathematics EXAM PACK 2024 
1. On his ninth birthday on 21 February Shelly received R420. His parents immediately 
invested the money in an account that earns 7,5% simple interest. The amount of 
money that can be withdrawn on 5 June for the same year equals 
[1] ...
Preview 1 out of 417 pages
Add to cartDSC1630 - Introductory Financial Mathematics EXAM PACK 2024 
1. On his ninth birthday on 21 February Shelly received R420. His parents immediately 
invested the money in an account that earns 7,5% simple interest. The amount of 
money that can be withdrawn on 5 June for the same year equals 
[1] ...
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