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DSC1630 ASSIGNMENT 3 SEMESTER 1 2024 R50,00
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DSC1630 ASSIGNMENT 3 SEMESTER 1 2024

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This document contains DSC1630 Assignment 3 Semester 1 questions and trusted answers. By utilising this document you will obtain distinction.

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  • March 26, 2024
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  • 2023/2024
  • Exam (elaborations)
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UNISA  2024  DSC1630-24-S1  Welcome Message  Assessment 3


QUIZ




Started on Monday, 25 March 2024, 9:49 PM
State Finished
Completed on Monday, 25 March 2024, 10:27 PM
Time taken 37 mins 32 secs
Marks 15.00/15.00
Grade 100.00 out of 100.00

Question 1

Complete

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An amount of R600 is invested every month for eight years. The applicable interest rate is 14,65% per year compounded quarterly. The
accumulated amount of these monthly payments equals approximately



a. R57 600.

b. R107 500.

c. R108 400.

d. R109 300.




Question 2

Complete

Mark 1.00 out of 1.00




At the beginning of each month an amount of X rand is deposited into a savings account earning k × 100% interest per year, compounded
monthly. The future value of these savings after 24 deposits can be denoted by



a. ¬k .
S = Xs24



b. k
24
S = X(1 + ) .
12


c. ¬k .
S = (1 + k)Xs24



d. k
S = (1 + ¬k/12 .
)Xs24
12

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