100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
DSC1630 Assignment 2 (QUIZ) Semester 2 2024 (234642) - DUE 22 August 2024 R48,81   Add to cart

Exam (elaborations)

DSC1630 Assignment 2 (QUIZ) Semester 2 2024 (234642) - DUE 22 August 2024

 11 views  0 purchase

DSC1630 Assignment 2 Full QUIZ Solutions Semester 2 2024 (234642) - DUE 22 August 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)...........

Preview 1 out of 10  pages

  • August 22, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
All documents for this subject (58)
avatar-seller
LIBRARYpro
DSC1630
ASSIGNMENT 2 SEMESTER 2 2024
UNIQUE NO. 234642
DUE DATE: 22 AUGUST 2024

, Question 1:
Mary invested R40,000 and aims to have R56,000 in 30 months. What is the yearly
interest rate, compounded semi-annually?
a. 7.21%
b. 8.00%
c. 13.92%
d. 14.41%
Answer: d. 14.41%




Question 2:
Bhongo received R32,412.87 after investing in an account with a continuous
compounding interest rate of 10.15% per year. What was the amount he invested 57
weeks earlier?
a. R29,000.00
b. R29,153.86
c. R32,768.16
d. R36,227.38
Answer: b. R29,153.86

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 LIBRARYpro. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R48,81. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73243 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R48,81
  • (0)
  Buy now