Exam (elaborations)
DSC1630 Assignment 3 Semester 2 2023
- Course
- Institution
DSC1630 Assignment 3 Semester 2 2023
[Show more]
1 review
By: tweaty007 • 1 year ago
Seller
Follow
adorablechikamhi
Reviews received
Content preview
DSC1630 Assignment3 Semester 2, 2023
Unique No: 613664
FOR ASSISTANCE
CONTACT:
061 583 0794
, Started on Thursday, 3 August 2023, 2:15 PM
State Finished
Completed on Thursday, 3 August 2023, 3:29 PM
Time taken 1 hour 14 mins
Marks 15.00/15.00
Grade 100.00 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
Question text
If S=P(1+i)n�=�(1+�)� and P=R[(1+i)n−1i(1+i)n]�=�[
(1+�)�−1�(1+�)�] , then S also equals
a.Rsn¬i���¬�.
b.(1+i)Rsn¬i(1+�)���¬�.
c.(1+i)Ran¬i(1+�)���¬�.
d.(1+i)(1+jmm)tm(1+�)(1+���)��.
Question 2
Complete
, Mark 1.00 out of 1.00
Question text
Questions 2 and 3 are based on the following situation:
Samuel buys a house and makes a down payment of 16% of the
price of the house. For the remaining amount, he manages to
secure a loan at an interest rate of 12,05% per year, compounded
monthly, for a period of 20 years. His monthly payment is R18
556,84.
The size of the loan (to the nearest rand) is
a.R1 680 000.
b.R1 333 820.
c.R4 453 642.
d.R2 167 317.
Question 3
Complete
Mark 1.00 out of 1.00
Question text
Questions 2 and 3 are based on the following situation:
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 adorablechikamhi. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.38. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
53249 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now