FIN2601 EXAM PACK

University of South Africa

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FIN2601 exam pack2021
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116

september 2021

2021/2022

A+
FIN2601 Exam Questions 1. You have been offered a project paying R3 000 at the end of each year for the next 20 years. What is the maximum amount of money you would invest in this project if you expect an 8 percent rate of return on your investment? 1. R13 953,49 2. R29 454,00 Answer is 2 3. R49 497,00 4. R137 286,00 Workings: PMT = 3 000 N = 20 I = 8 FV = 0 Comp PV Or manually: ( ) = 3000 X 9,818 = 29454,00 2. You invested R4 000 annually (at the end of each year) for 5 succe...
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