Simple discount - Study guides, Class notes & Summaries

DSC1630 - Introductory Financial Mathematics EXAM PACK 2024 1. On his ninth birthday on 21 February Shelly received R420. His parents immediately invested the money in an account that earns 7,5% simple interest. The amount of money that can be withdrawn on 5 June for the same year equals [1] R411,21. [2] R428,89. [3] R428,98. [4] R429,07. [5] none of the above. 2. An interest rate of 16,4% compounded quarterly is equivalent to a weekly compounded interest of [1] 16,073%. [2...

CHAPTER 3 Mortgage Loan Foundations: The Time Value of Money TRUE/FALSE 1. In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 2. One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 3. At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 4. The future value of $800 deposited ...

CFA Level 1 CFAI Exam I (AM) || With All Accurate Questions & Solutions (Rated A+) CFA Level 1 CFAI Exam I (AM) || With All Accurate Questions & Solutions (Rated A+) Why a large difference between two previous TWR and MWR returns? TW RoR = 15.84%, while MW RoR = 13.86%. Preference generally for each method? - ANSWER - MW RoR gave greater weight to year 2 because there was money invested but the return was less (10% vs 22% for yr 1). MW method distorts the portfolio measurement returns...

Chapter 1 – The Science of Nutrition Multiple Choice Answer, level, page Level: K = knowledge, A = application/critical thinking What Do We Mean by “Nutrition”? (pp. 5-8) a A 6 1. Which of the following ingredients in a box of toaster pastries would contribute macronutrients to one’s diet? a. Water, high-fructose corn syrup, egg yolk b. Niacin, folic acid, sucralose c. Riboflavin, salt, sodium benzoate d. Thiamin mononitrate, soybean oil, sugar c K 5 2. The term “n...

Which 2 QuickBooks Online billing options include a discount on QuickBooks Time? A. ProAdvisor discount B. Direct discount C. Revenue share - Answer A. ProAdvisor discount B. Direct discount Where would you go to enable account numbering in the chart of accounts? A. The Chart of accounts tab in Account and Settings B. The Customization option from Accountant Tools C. The Advanced tab in Account and Settings D. The Enable account numbers slider from the Chart of Accounts screen - Ans...

DSC1630 Assignment 1 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ..Question 1 Not yet answered Marked out of 1.00 QUIZ You have invested R1 500 in an account earning 6,57% simple interest. The balance in the account 16 months later is a. R1 636,94. b. R2 814,00. c. R1 631,40. d. R1 644,02. Clear my choice DSC1630-24-S2  Welcome Message  Assessment 1 Question 2 ...

ATI Teas math practice tests practice 7 If Lynn can type a page in p minutes, what piece of the page can she do in 5 minutes? - ANSWER 5/p If Sally can paint a house in 4 hours, and John can paint the same house in 6 hour, how long will it take for both of them to paint the house together? - ANSWER 2 hours and 24 minutes Employees of a discount appliance store receive an additional 20% off of the lowest price on an item...

Civil Law Missed Exam Questions And Answers Which is not a specific lien? - ANS-state income tax State income taxes can become general liens that can attach to any property owned by the debtor. A mortgage is specific to the property that will be collateral for a debt. Real estate taxes are specific to one property. A mechanic's lien can attach only to the property that was the subject of the work being done. Fee simple absolute estates are not - ANS-conditional If a condition exis...

Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers. If a licensee is paid a salary of $600 per month plus half of the office's 6% fee on all sales, what MUST the licensee's monthly sales be in order for the licensee to receive a total monthly income of $2,220? A. 27,000 B. 37,000 C. 54,000 D. 74,000 An agreement that restricts the use and occupancy of real estate, is part of a conveyance, and is binding on all subsequent buyers is called a(n): A. Agreement for...

Complete Solutions Manual for Math for Business and Finance: An Algebraic Approach, 3rd Edition by Jeffrey Slater, Sharon M. Wittry ; ISBN13: 9781260716320. (Full Chapters included Chapter 1 to 21)....CHAPTER 1: Problem Solving with Math. CHAPTER 2: Fractions. CHAPTER 3: Percents and Their Applications. CHAPTER 4: Solving for the Unknown. CHAPTER 5: Business Statistics. CHAPTER 6: Banking and Budgeting. CHAPTER 7: Payroll and Income Tax. CHAPTER 8: Sales, Excise, and Property Taxes. CHAP...