DSC1630 QUIZ Assignment 2 2026 - Distinction Guaranteed _ Due March 2026

2/27/26, 11:12 PM Assessment 2 (page 1 of 15)




DSC1630-26-S1  Welcome Message  Assessment 2


QUIZ




Question 1

Not yet answered

Marked out of 1.00




An amount of money accumulates to R45
946 at a continuous compounding rate of
8% per year, after 57 months. The original
amount is


a. R33 294,20.

b. R36 756,80.

c. R31 460,34.

d. R31 420,70.




=
45
ௗ
946
×

í
0.08
×
4.75
§
45
ௗ
946
×

í
0.38
§

31
ௗ
420.70.
PV=45946×e
í0.08×4.75
§45946×e
í0.38
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§R31420.70.

, 2/27/26, 11:12 PM Assessment 2 (page 2 of 15)




DSC1630-26-S1  Welcome Message  Assessment 2


QUIZ




Question 2

Not yet answered

Marked out of 1.00




The continuous compounding rate is 13,974% per year. The equivalent nominal rate,
compounded quarterly, is


a. 14,221%.

b. 14,305%.

c. 13,658%.

d. 13,735%.




(1+0.149975)
1/4
§1.0355524, so

=
4
(
0.0355524
)
=
0.1422096
§
14.22096
%
j=4(0.0355524)=0.1422096§14.22096%.




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