Exam (elaborations)
DSC1630 Assessment 5 semester 1 of 2024
- Course
- Institution
Guaranteed distinction
[Show more]
Seller
Follow
Ian09
Reviews received
Content preview
Firefox https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=18320734&cmid=842671UNISA 2024 DSC1630-24-S1 Welcome Message Assessment 5
QUIZ
Time left 1:09:59
Question 1 Three years ago Jake borrowed R7 500 from Martha. The condition was that he would pay her back in seven years’ time at
Not yet an interest rate of 11,21% per year, compounded semi-annually. Six months ago he also borrowed R25 000 from Martha at
answered
9,45% per year, compounded monthly. Jake would like to pay off his debt four years from now.
Marked out of
After seeing what he must pay Martha, Jake decides to reschedule his debt as two equal payments: one payment now
1.00
and one three years from now. Martha agrees on condition that the new agreement, that will run from now, will be
subjected to 10,67% interest, compounded quarterly. The amount that Jake will pay Martha three years from now is
a. R21 171,35.
b. R25 103,93.
c. R32 500,00.
d. R22 286,88.
Previous a ct i v i t y Next activ ity
,Firefox https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=18320734&cmid=842671...
Question 2 Aziza urgently needs R10 000. The bank agrees to give her this amount now, to be paid back seven months from now
Not yet based on a bank simple discount rate of 16,4%. The amount that she will have to pay back equals
answered
Marked out of
a. R10 996,80.
1.00
b. R11 057,87.
c. R10 956,67.
d. R9 043,33.
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 Ian09. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.81. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
52928 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now