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DSC1630 ASSESSMENT 3 ANSWERS - SEMESTER % PASS
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- DSC1630 ASSESSMENT 3 ANSWERS - SEMESTER 1 2024
DSC1630 ASSIGNMENT 3 ANSWERS - SEMESTER 1 2024 100% PASS GUARANTEED DUE - 5 April 2024
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UNISA 2024 DSC1630- 24- S1 Welcome Message Assessment 3QUIZ
St art ed on Monday, 1 April 2024, 8:58 PM
St at e Finished
Complet ed on Friday, 5 April 2024, 6:51 PM
T ime t aken 3 days 21 hours
Marks 15.00/15.00
Grade 100.00 out of 100.00
Quest io n 1
Complete
Mark 1.00 out of 1.00
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.
Quest io n 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
¬k .
a. S = Xs24
b. S = X(1 + k ) 24 .
12
c. S = (1 + k)Xs24¬k .
d. S = (1 + k )Xs ¬
24 k/12 .
12
, Quest io n 3
Complete
Mark 1.00 out of 1.00
Bobby borrowed money that must be repaid in nine payments. The first four payments of R2 000 each are paid at the beginning of each year.
Thereafter five payments of R5 000 each are paid at the end of each year. If money is worth 6,85% per year, then the present value of these
payments equals
a. R22 588,92.
b. R23 054,54.
c. R27 381,02.
d. R33 000,00.
Quest io n 4
Complete
Mark 1.00 out of 1.00
In three years’ time Lindiwe is going to need R145 000 to pay for a boat cruise on the Queen Mary. She immediately starts to make monthly
deposits into an account earning 11,05% interest per year, compounded monthly. Lindiwe’s monthly deposit equals
a. R3 384,18.
b. R3 415,34.
c. R4 027,78.
d. R4 707,20.
Quest io n 5
Complete
Mark 1.00 out of 1.00
After a golf ball struck Charl on the head he was awarded an amount from the Three Iron Fund as compensation for his injuries. He chose to
receive R18 900 per month indefinitely. If money is worth 9,95% per year, compounded monthly, then the amount awarded equals approximately
a. R189 950.
b. R2 279 397.
c. R6 565 554.
d. R7 252 333.
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