DSC1630 ASSIGNMENT 1 SEMESTER 1 2020 764907 (DSC1630)

University of South Africa

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DSC1630 ASSIGNMENT 1 SEMESTER 1 - 2020 764907| Questions And And Answers

DSC1630 ASSIGNMENT 1 SEMESTER 1 - 2020 764907| Questions And And Answers
Exam (elaborations) • 26 pages • 2022
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DSC1630 ASSIGNMENT 1 SEMESTER 1 - 2020 | Questions And And AnswersDSC1630 ASSIGNMENT 1 SEMESTER 1 - 2020 DUE: 28 FEBRUARY 2020 2 Question 1 Precious borrows money from Steven at a simple discount rate of 9,75% per year. She must pay him R35 000 in 27 months’ time. The amount of money that she receives from Steven now is [1] R42 678,13. [2] R28 703,23. [3] R28 389,51. [4] R44 835,87. [5] R27 321,88. This is a simple discount calculation as the term discount rate is found in the ...