MAC 2602
University of South Africa
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MAC 2602 EXAM Paper and answers
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--122maart 20212020/2021
- Question Topic Marks Minutes 
1 Time value of money 15 18 
2 Capital structure & cost of capital 20 24 
3 Analysis of financial information & managing working capital 23 28 
4 Capital investment & capital budgeting 22 26 
5 Multiple choice questions 20 24 
100 120 
2 
QUESTION 1 (15 marks) (18 minutes) 
a) Mxolisi has deposited an amount of R1 500 in a bank account. This account earns simple interest 
of 8% per annum. 
REQUIRED: 
Calculate the amount of interest that he will earn after 2 years. ...
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