Introductory Financial Mathematics
University of South Africa
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Exam (elaborations)
DSC1630 Assignment 2 (COMPLETE ANSWERS) Semester 1 2025 - DUE April 2025;
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---10April 20252024/2025A+
- Question 1 An interest rate of 17,5% per year, compounded quarterly, is equivalent to a continuous compounding rate of [1] 17,128%. [2] 17,185%. [3] 17,500%. [4] 17,888%. [5] 19,125%. Question 2 An amount borrowed at 29% interest per year, compounded continuously, has accumulated to R38 279,20 after four years. The initial amount borrowed was [1] R7 160,73. [2] R12 000,00. [3] R12 005,53. [4] R13 823,05. [5] R17 721,85. 20 2.2. COMPULSORY ASSIGNMENT 02 DSC1630/101 Question 3 The effective rate f...
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Exam (elaborations)
DSC1630 Assignment 3 Semester 1 2025 - Due 10th April 2025 | UNISA (ASSIGNMENT ANSWERS).
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---104March 20252024/2025A+
- DSC1630 Assignment 3 Semester 1 2025 - Due 10th April 2025 | UNISA (ASSIGNMENT ANSWERS).
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