Exam (elaborations)
DSC1630 Assignment 2 Semester 1 2024
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DSC1630 Assignment 2 Semester 1 2024
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1. UNISA2. 2024
3. DSC1630-24-Y
4. Welcome Message
5. Assessment 2
QUIZ
Assessment 2
Open course index
Open block drawer
Back
Started on Thursday, 26 February 2024, 5:24 PM
State Finished
Completed on Thursday, 26 February 2024, 7:01 PM
Time taken 1 hour 47 minutes
Marks 13.00/15.00
Grade 83.00 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
An amount borrowed at 29% interest per year compounded continuously has accumulated to R38 279,20 after four years. The initial
amount borrowed was
a. R7 160,73.
b. R12 000,00.
c. R12 005,53.
d. R13 823,05.
, Question 2
Complete
Mark 0.00 out of 1.00
An interest rate of 17,5% per year compounded quarterly is equivalent to a continuous compounding rate of
a. 17,128%.
b. 17,185%.
c. 17,500%.
d. 17,888%.
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