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FIN3704 NASSESSMENT 4 SEM 2 OF 2024 EXPECTED QUESTIONS AND A NSWERS R153,33
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  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. Applied Financial Management (FIN3704)

Exam (elaborations)

FIN3704 NASSESSMENT 4 SEM 2 OF 2024 EXPECTED QUESTIONS AND A NSWERS

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THIS DOCUMENT CONTAINS FIN3704 NASSESSMENT 4 SEM 2 OF 2024 EXPECTED QUESTIONS AND ANSWERS. USE IT CORRECTLY AS A GUIDE AND SCORE ABOVE 80%.

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  • September 21, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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Started on Friday, 20 September 2024, 9:32 AM
State Finished
Completed on Friday, 20 September 2024, 10:55 AM
Time taken 1 hour 22 mins
Marks 21.00/22.00
Grade 95.45 out of 100.00


Question 1
Using the information below to answer the question, Choose the best option from the given answers to answer each question.
Correct
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question




Which one of the following formulas is correct when calculating the annuity payment in B6 using an Excel worksheet?




a.
=PMT(B3;B4;-B2;B3;0)

OSCAR THE TUTOR
b. =PMT(B2;B4;-B2;B3;0)
+27737560989
c.
for FAC MAC ECS DSC TAX QMI FIN
=PMT(B5;B4;-B2;B3;0) INV BNU STA tutorials

d. =PMT(B6;B4;-B2;B3;0)




Your answer is correct.
The correct answer is:

=PMT(B5;B4;-B2;B3;0)



Question 2
Using the information below to answer the question, Choose the best option from the given answers to answer each question.
Correct
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of 1.00

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question




Which one of the following formulas is correct when calculating the present value of ordinary annuity in B5 using an Excel worksheet?



a.
=PV(B2;B3;-B2;0)


b. =PV(B3;B3;-B2;0)



c.
=PV(B4;B3;-B2;0)


d. =PV(B5;B3;-B2;0)

, Your answer is correct.
The correct answer is:

=PV(B4;B3;-B2;0)



Question 3
Using the data presented below to answer the question, Choose the best option from the given answers to answer each question.
Correct
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question




Using an Excel worksheet, which of the following formulas is correct when calculating Mamaro's and Manala's 2022 operating break-even
Points (Units) in B26?




Select one:
a) =B6/(B20-B6/B21)
OSCAR THE TUTOR

a) =B7/(B20-B6/B21)
+27737560989
for FAC MAC ECS DSC TAX QMI FIN INV BNU S
a) =B8/(B20-B6/B21) tutorials


a) =B9/(B20-B6/B21)




Your answer is correct.
The correct answer is:

a) =B7/(B20-B6/B21)



Question 4
A person would like to invest R6000 at a compounded annual interest rate of 12%. Determine what the value of the investment will be after
Correct two years using an Excel worksheet.
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question a. R7526,39

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