DSC1630 (DSC1630)

DSC_1630 Assignment 2 2022. Mabe borrowed an amount of money from his father. The loan will be paid back by means of payments of R25 000 each every second month for six years. An interest rate of 7,5% per year, compounded every two months, will be applicable. The amount of the loan is [1] R900 000,00. [2] R1 127 887,64. [3] R400 738,72. [4] R238 067,35. [5] R721 181,68. 3 Question 2 The opening balance of this fund is approximately [1] R474 536. [2] R157 895. [3] R1 10...

DSC_1630 Assignment 2022. Shona decides that he would like to buy his lovely wife, Connie, a new car when she turns 30 in six years’ time. He deposits R6 000 each month into an account earning 8,94% interest per year, compounded monthly. The amount that Shona (rounded to the nearest rand) will have available six years from now is [1] R568 948. [2] R573 187. [3] R333 412. [4] R335 896. [5] R432 000. In this problem we have equal payments in equal time periods (monthly), plus...

DSC1630 ASSIGNMENT 4 SEMESTER 1 - 2020 | latest update Questions & Answers

DSC1630 ASSIGNMENT 3 SEMESTER 1 - 2020DSC1630 ASSIGNMENT 3 SEMESTER 1 - 2020 DUE: 27 MARCH 2020 2 Question 1 Mabe borrowed an amount of money from his father. The loan will be paid back by means of payments of R25 000 each every second month for six years. An interest rate of 7,5% per year, compounded every two months, will be applicable. The amount of the loan is [1] R900 000,00. [2] R1 127 887,64. [3] R400 738,72. [4] R238 067,35. [5] R721 181,68. 3 Question 2 The opening bala...

DSC1630 ASSIGNMENT 2 SEMESTER 1 - 2022 LATEST UPDATE Question 1 Shona decides that he would like to buy his lovely wife, Connie, a new car when she turns 30 in six years’ time. He deposits R6 000 each month into an account earning 8,94% interest per year, compounded monthly. The amount that Shona (rounded to the nearest rand) will have available six years from now is [1] R568 948. [2] R573 187. [3] R333 412. [4] R335 896. [5] R432 000. In this problem we have equal payments in equ...