Exam (elaborations)
DSC1630 EXAM PACK 2024
- Course
- Institution
- Book
DSC1630 Latest exam pack questions and answers, perfect for 2024 exam preparation
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
DSC1630 EXAM PACK 2024
-
DSC1630 Assignment 1 (ANSWERS) Semester 1 2024 (398345) - DISTINCTION GUARANTEED
-
DSC1630 EXAM PACK 2024
2 reviews
By: mahlatsethaga2018 • 1 year ago
By: majolalondy1994 • 1 year ago
Seller
Follow
VarsityC
Reviews received
Content preview
DSC1630EXAM PACK
Past exam questions, Detailed solutions,
explanations, and Summarised study Notes.
+27 81 278 3372
,MAY JUNE
EXAM
2023
, DSC1630 May/June 2023
1) The following is an extract from the amortisation schedule for filling station. The loan will be
paid off in 15 years.
Month Outstanding Interest due Payment Principal Outstanding
principal at at the end of repaid principal at
the beginning the month month end
of the month
15 R385 232,41 R3 081,86 A R1 119,21 a
120 R202 152,34 R1 617,22 A B R199 568,48
The applicable yearly interest rate is:
𝑰
𝒓=
𝑷𝒕
𝟏
𝑰 = 𝑰𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝒅𝒖𝒆 𝑷 = 𝑶𝒖𝒕𝒔𝒕𝒏𝒅𝒏𝒈 𝒑𝒓𝒊𝒏𝒄𝒊𝒑𝒂𝒍 𝒂𝒕 𝒃𝒆𝒈𝒊𝒏𝒏𝒊𝒏𝒈 𝒕= 𝒓?
𝟏𝟐
𝟏
𝑰 = 𝟏 𝟔𝟏𝟕, 𝟐𝟐 𝑷 = 𝟐𝟎𝟐 𝟏𝟓𝟐, 𝟑𝟒 𝒕 = 𝟏 𝒎𝒐𝒏𝒕𝒉 = 𝒓?
𝟏𝟐
𝑰 𝟏 𝟔𝟏𝟕, 𝟐𝟐
𝒓= = = 𝟎, 𝟎𝟗𝟔𝟎 (× 𝟏𝟎𝟎) = 𝟗, 𝟔𝟎%
𝑷𝒕 𝟐𝟎𝟐 𝟏𝟓𝟐, 𝟑𝟒 × 𝟏
𝟏𝟐
a. 9,60%
b. 8,00%
c. 8,33%
d. 12,00%
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 VarsityC. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.75. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
50064 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now