Assessment 1: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=242
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
UNISA 2025 MAC2602-25-S1 WELCOME TO MAC2602 - SEMESTER 1 - 2025 Assessment 1
QUIZ
Monday, 10 March 2025, 10:56 AM
Finished
Monday, 10 March 2025, 11:37 AM
44 mins 17 secs
48.00/50.00
out of 100.00
Correct
Mark 3.00 out of 3.00
You decided to save your spare cash that you estimated that you will have available at the end of each year for the next four
years. You estimated that you will have R5 000 available in Year 1; R6 000 in Year 2; R4 000 in Year 3 and R5 000 in Year 4. You
will invest these estimated amounts at a bank that allows 10% compound interest to be earned. Calculate the Present value of
your future income from this investment? Set your calculator on four decimal places and round your �nal answer to the
nearest rand. If slight rounding differences occur - choose the alternative that is closest to your answer.
(a) R15 924
(b) R17 517
(c) R17 434
(d) R22 000
Select one:
a. R17 434
b. R15 924
c. R17 517
d. R22 000
1 of 12 2025/03/10, 11
,Assessment 1: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=242
Correct
Mark 3.00 out of 3.00
Which Table and interest rate factor should Litha u se to determine the value at the end of three years of her investment of
R 2 5 0 0 0 t h a t s h e i n ve s t e d to d ay a t 8 % ( c o m p o u n d e d i n t e re s t ) ?
(a) Table D – 3,2464
(b) Table C – 1,2597
(c) Table A – 0,794
(d) Table B – 2,577
Select one:
a. Table D – 3,2464
b. Table A – 0,794
c. Table C – 1,2597
d. Table B – 2,577
Correct
Mark 3.00 out of 3.00
A company takes out a bank loan of R110 000 at 8% per annum on the 1st of January. The loan agreement states that the
company will pay back the loan (capital and interest) over 3 years in equal quarterly payments. What will the payment for each
quar ter be if you apply either the correct equation, mathematical formula, or �nancial calculator. Set your calculator at four
decimals and round the �nal answer to the nearest rand. Slight rounding differences may occur - choose the alternative that is
closest to your answer.
(a) R 42 685
(b) R 33 884
(c) R 10 402
(d) R139 594
Select one:
a. R 33 884
b. R 42 685
c. R139 594
d. R 10 402
2 of 12 2025/03/10, 11
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
BOOK WRITTEN AND EXAM ON WHATSAPP 0645167275
UNISA 2025 MAC2602-25-S1 WELCOME TO MAC2602 - SEMESTER 1 - 2025 Assessment 1
QUIZ
Monday, 10 March 2025, 10:56 AM
Finished
Monday, 10 March 2025, 11:37 AM
44 mins 17 secs
48.00/50.00
out of 100.00
Correct
Mark 3.00 out of 3.00
You decided to save your spare cash that you estimated that you will have available at the end of each year for the next four
years. You estimated that you will have R5 000 available in Year 1; R6 000 in Year 2; R4 000 in Year 3 and R5 000 in Year 4. You
will invest these estimated amounts at a bank that allows 10% compound interest to be earned. Calculate the Present value of
your future income from this investment? Set your calculator on four decimal places and round your �nal answer to the
nearest rand. If slight rounding differences occur - choose the alternative that is closest to your answer.
(a) R15 924
(b) R17 517
(c) R17 434
(d) R22 000
Select one:
a. R17 434
b. R15 924
c. R17 517
d. R22 000
1 of 12 2025/03/10, 11
,Assessment 1: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=242
Correct
Mark 3.00 out of 3.00
Which Table and interest rate factor should Litha u se to determine the value at the end of three years of her investment of
R 2 5 0 0 0 t h a t s h e i n ve s t e d to d ay a t 8 % ( c o m p o u n d e d i n t e re s t ) ?
(a) Table D – 3,2464
(b) Table C – 1,2597
(c) Table A – 0,794
(d) Table B – 2,577
Select one:
a. Table D – 3,2464
b. Table A – 0,794
c. Table C – 1,2597
d. Table B – 2,577
Correct
Mark 3.00 out of 3.00
A company takes out a bank loan of R110 000 at 8% per annum on the 1st of January. The loan agreement states that the
company will pay back the loan (capital and interest) over 3 years in equal quarterly payments. What will the payment for each
quar ter be if you apply either the correct equation, mathematical formula, or �nancial calculator. Set your calculator at four
decimals and round the �nal answer to the nearest rand. Slight rounding differences may occur - choose the alternative that is
closest to your answer.
(a) R 42 685
(b) R 33 884
(c) R 10 402
(d) R139 594
Select one:
a. R 33 884
b. R 42 685
c. R139 594
d. R 10 402
2 of 12 2025/03/10, 11
