100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
DSC1630 ASSIGNMENT 3 SEMESTER 1 - 2020| LATEST UPDATE Well Answered $13.50
Add to cart

Exam (elaborations)

DSC1630 ASSIGNMENT 3 SEMESTER 1 - 2020| LATEST UPDATE Well Answered

1 review
 13 views  0 purchase
  • Course
  • Institution

DSC1630 ASSIGNMENT 3 SEMESTER 1 - 2020DSC1630 ASSIGNMENT 3 SEMESTER 1 - 2020 DUE: 27 MARCH 2020 2 Question 1 Mabe borrowed an amount of money from his father. The loan will be paid back by means of payments of R25 000 each every second month for six years. An interest rate of 7,5% per year...

[Show more]

Preview 3 out of 21  pages

  • July 13, 2022
  • 21
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers

1  review

review-writer-avatar

By: PHYSICIAN • 2 year ago

avatar-seller
DSC1630 ASSIGNMENT 3
SEMESTER 1 - 2020
790275
DUE: 27 MARCH 2020

,Question 1

Mabe borrowed an amount of money from his father. The loan will be paid back by means of
payments of R25 000 each every second month for six years. An interest rate of 7,5% per
year, compounded every two months, will be applicable. The amount of the loan is

[1] R900 000,00.

[2] R1 127 887,64.

[3] R400 738,72.

[4] R238 067,35.

[5] R721 181,68.




2

, Question 2

The opening balance of this fund is approximately

[1] R474 536.

[2] R157 895.

[3] R1 105 351.

[4] R631 579.

[5] none of the above.




3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller TestGen. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.50. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

56326 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.50
  • (1)
Add to cart
Added