DSC 1630 Assignment 01Semester 01 2022 Solutions
University of South Africa
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DSC 1630 Assignment 01Semester 01 2022 Solutions Q&A
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DSC1630
Introductory Financial Mathematics Department of Decision Sciences Assignment 01 for Semester 01 2022
Unique assignment number: Due Date: 1 March 2022
Patric borrows money from Zanele at a simple discount rate of 9,75% per annum. He must pay him R35 000 in 27 months’ time. The amount of money that he receives from Zanele now is
[1] R27 321,88.
[2] R44 835,87.
[3] R28 389,51.
[4] R42 678,13.
Answer:
is the principal or total amount borrowed (in rand) which i...
Exam (elaborations)
DSC 1630 Assignment 01Semester 01 2022 Solutions Q&A
Last document update:
ago
DSC1630 Introductory Financial Mathematics Department of Decision Sciences Assignment 01 for Semester 01 2022 Unique assignment number: Due Date: 1 March 2022 Patric borrows money from Zanele at a simple discount rate of 9,75% per annum. He must pay him R35 000 in 27 months’ time. The amount of money that he receives from Zanele now is [1] R27 321,88. [2] R44 835,87. [3] R28 389,51. [4] R42 678,13. Answer: is the principal or total amount borrowed (in rand) which i...
R103,16
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