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DSC1630 Assignment 1 Semester 2 (Quiz) MEMO | Due July 2026. ALL CORRECT ANSWERS SHOWN. Question text
A sum of R1 000 is due in five months’ time from now, at a simple interest rate of 12% per annum.
The present value of the sum is
A.
R952,38.
B.
R567,43.
C.
R1 050,00.
D.
R625,00.
DSC1630 Assignment 1 Semester 2 (Quiz) MEMO | Due July 2026. ALL CORRECT ANSWERS SHOWN. Question text
A sum of R1 000 is due in five months’ time from now, at a simple interest rate of 12% per annum.
The present value of the sum is
A.
R952,38.
B.
R567,43.
C.
R1 050,00.
D.
R625,00.
Only logged in customers who have purchased this product may leave a review.
DSC1630 Assignment 1 Semester 2 (Quiz) MEMO | Due July 2026. ALL CORRECT ANSWERS SHOWN. Question text
A sum of R1 000 is due in five months’ time from now, at a simple interest rate of 12% per annum.
The present value of the sum is
A.
R952,38.
B.
R567,43.
C.
R1 050,00.
D.
R625,00.
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