Exam (elaborations)
DSC1630 EXAM PACK 2025
- Institution
- University Of South Africa
DSC1630 EXAM PACK 2025
[Show more]
Content preview
,DSC1630 Previous Exam question paper June 2024Introductory Financial Mathematics (University of South Africa)
Scan to open on Studocu
Studocu is not sponsored or endorsed by any college or
university
DSC1630 Previous Exam question paper June 2024
Introductory Financial Mathematics (University of South Africa)
Scan to open on Studocu
Studocu is not sponsored or endorsed by any college or
university
Downloaded by Vincent Cosmas
(vincentcosmas92@gmail.com)
lOMoARcPSD|32110785
mm
UNIVERSITY EXAMINATIONS
mm
MAY/JUNE 2024
DSC1630
INTRODUCTORY FINANCIAL MATHEMATICS
100 Marks
Duration: 2 Hours 30 Minutes
EXAMINERS:
,First: Mrs MF Immelman Second: Mrs WA Van Hoepen
This paper consists of 13 pages, including a list of formulas and
a date table.
Programmable calculator permissible.
Instructions:
Answer all the questions.
The paper comprises of 30 questions that count a total of 100
marks.
Only ONE option, indicated as [1] [2] [3] [4] [5] per question is
correct.
Marks will not be deducted for incorrect answers.
The answers to the examination MCQ may only be submitted
online.
Please contact bugmaster@unisa.ac.za if you do experience any
myUnisa problems during the examination.
Disclaimer:
We would like to remind you that Unisa has a zero tolerance for
any form of plagiarism or examination
dishonesty.
Page 1 of 13
Open Rubric Downloaded by Vincent Cosmas
(vincentcosmas92@gmail.com)
lOMoARcPSD|32110785
, CONFIDENTIAL
Page 2 of 13
DSC1630
May/June 2020
Question 1
The amount of money you have to invest at a simple interest rate
of 15% per annum, to earn R5 250
interest after three years, is
[1] R3 620,69.
[2] R10 000,00.
[3] R5 249,48.
[4] R122 500,00.
[5] R11 666,67.
Question 2
A bank’s simple discount rate is 12% per annum. You need to
pay the bank R5 000 in six months’ time.
The amount of money that you will receive from the bank now
is
[1] R4 700,00.
[2] R4 716,98.
[3] R4 724,56.
[4] R5 300,00.
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 EFT, 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Academy360. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R46,63. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73918 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now