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QMI1500 ASSESSMENT 4 SEM 2 OF2024 EXPECTED QUESTIONS AND SOLUTIONS
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THIS DOCUMENT CONTAINS QMI1500 ASSESSMENT 4 SEM 2 OF 2024 EXPECTED QUESTIONS AND SOLUTIONS.USE IT FOR PREP
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UNISA 2024 QMI1500-24-S2 Welcome Message Assessment 4QUIZ
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Question 20
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The expression
−−−−−−−−−−−−−−−−− −−−−−−
−−− −
8 × 32 + √(25 + 15) ÷ 10 × √62 − 11
3 –
√
is equal to
Select one:
a. 18 + √–5.
−−
b. 12 + √20.
–
c. 18 + 2√5.
3 –
d. √ 8 × 2√–5.
Clear my choice
, UNISA 2024 QMI1500-24-S2 Welcome Message Assessment 4
QUIZ
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Question 19
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A new university graduate determines that she can afford a car payment of R3 500 per month. If the car manufacturer is
offering a special of 2,1% annual financing rate, compounded monthly for 4 years, how much can she borrow and still have
a R3 500 monthly payment? Round your answer to the nearest ten cents.
Select one:
a. R173 366,50
b. R161 002,50
c. R159 537,30
d. R175 098,10
Clear my choice
, UNISA 2024 QMI1500-24-S2 Welcome Message Assessment 4
QUIZ
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Question 18
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A loan of R15 080,00 is being repaid by 14 half-yearly payments, with the first payment made one half year after the loan is
taken out. The interest rate is 9% per year, compounded half-yearly. The size of each of the half-yearly payments is
R1 475,13. This is represented by the following timeline:
After four years the interest rate drops to 8,5% per year, compounded half-yearly. The size of the new half-yearly payments,
rounded to the nearest rand, is
Select one:
a. R1 871,00.
b. R1 142,00.
c. R1 463,00.
d. R1 451,00.
Clear my choice
, UNISA 2024 QMI1500-24-S2 Welcome Message Assessment 4
QUIZ
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Question 17
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Simon buys 175 apples for R350,00. He then sells 14 dozen for R40,00 per dozen and the remaining apples for R2,00
per apple. The percentage profit that he makes, rounded to two decimal digits, is
Select one:
a. 68,00%.
b. 60,57%.
c. 60,01%.
d. 64,00%.
Clear my choice
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