DSC1630 Introductory Financial Mathematics
University of South Africa
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DSC1630: Introductory Financial Mathematics: Assignment 1, 2022 Page 1
DSC1630 Assignment 1 Possible Solutions 
Semester 1, 2022 
Question 1 
Patrick borrows money from Zanele
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DSC1630 Introductory Financial Mathematics, NOTES WITH PRACTICAL EXAMPLES , ASSIGNMENT1, ASSIGNMENT 2, ASSIGNMENT 3 & ASSIGNMENT 4 Semester 1 & 2 2021.
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- DSC1630 Introductory Financial Mathematics, NOTES WITH PRACTICAL EXAMPLES , ASSIGNMENT1, ASSIGNMENT 2, ASSIGNMENT 3 & ASSIGNMENT 4 Semester 1 & 2 2021.
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UNIVERSITY EXAMINATIONS 
mm 
MAY/JUNE 2020 
DSC1630 
INTRODUCTORY FINANCIAL MATHEMATICS 
100 Marks 
Duration: 2 Hours 30 Minutes 
EXAMINERS: 
First: Mrs MF Immelman Second: Mrs WA Van Hoepen 
This paper consists of 13 pages, including a list of formulas and a date table. 
Programmable calculator permissible. 
Instructions: 
Answ...
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DSC1630 ASSIGNMENT 3 SEMESTER 1
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---21april 20222021/2022A+
- DSC1630 ASSIGNMENT 3 
SEMESTER 1.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 balance of this fund is approximately 
[1] R474 536. 
[2] R157 895. 
[3] R1...
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DSC1630 ASSIGNMENT 2 SEMESTER 1
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---24april 20222021/2022A+
- DSC1630 ASSIGNMENT 2 
SEMESTER 1.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 equal time periods (month...
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DSC1630 NOTES WITH PRACTICAL EXAMPLES, Introductory Financial Mathematics_assignment_1, ASSIGNMENT_2, ASSIGNMENT 3 & Assignment 4 Semester 1 & 2 2021.
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---5april 2022
- DSC1630 NOTES WITH PRACTICAL EXAMPLES, Introductory Financial Mathematics_assignment_1, ASSIGNMENT_2, ASSIGNMENT 3 & Assignment 4 Semester 1 & 2 2021.
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DSC1630 - Introductory Financial Mathematics_ASSIGNMENT_2_SEMESTER_1.
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- DSC1630 - Introductory Financial Mathematics_ASSIGNMENT_2_SEMESTER_1. 
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...
-
$4.19 Meer Info
DoctorReinhad