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FIN SEMESTER 1 ASSIGNMENT2(QUIZ)

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This document guarantees distinction marks on the assignment and can be used for exam preparation. Assignment solutions and whenever you face any challenges and need further explanations anytime @2

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  • April 11, 2023
  • 13
  • 2022/2023
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Dashboard / Courses / UNISA / 2023 / Semester 1 / FIN2603-23-S1 / General / Assessment 2

Started on Tuesday, 11 April 2023, 12:44 PM
State Finished
Completed on Tuesday, 11 April 2023, 1:08 PM
Time taken 23 mins 39 secs
Marks 53.00/56.00
Grade 94.64 out of 100.00


Question 1
Complete

Mark 2.00 out of 2.00




... is the interest earned on a given deposit that has become part of the sum at the end of a specified period.



a. Simple interest
b. Compound interest
c. The interest rate
d. The internal rate of return




Question 2

Complete

Mark 1.00 out of 1.00




Calculate the future value (FV) of R15 000 invested for six years at an interest rate of 8%, compounded monthly.



a. R26 734
b. R14 026
c. R23 803
d. R24 260






, Question 3

Complete

Mark 1.00 out of 1.00


MENU

Calculate the growth rate of the following stream of cash flows:
Dashboard
Year Cash/flow
Courses / UNISA / 2023 / Semester 1 / FIN2603-23-S1 / General / Assessment 2
2013 R 1 700
2012 R 1 400
2011 R 1 200
2010 R 1 000



a. 23%
b. 19%
c. 14%
d. 13%




Question 4

Complete

Mark 2.00 out of 2.00




Calculate the present value (PV) of R100 000 received 9 years from today at an interest rate of 12%.



a. R36 061
b. R27 895
c. R37 980
d. R43 998




Question 5

Complete

Mark 2.00 out of 2.00




Find the present value of the following stream of cash flows by assuming that the organisation has an opportunity cost of 11%.
Years 1–2: R 20 000
Years 3–8: R 30 000



a. R152 356.88
b. R 71 203.41
c. R100 268.41
d. R137 258.45




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