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    10 views26 pages

    QMI Assignment 3

    Uploaded by

    natashasiphokazi2015

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
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    of 26
    ASSIGNMENT 3 SEMESTER 2 2022 Unique Number: Tama use By making use of hi document you pee to: “+ Use this document asa gue for earning, comparison and reference purpose, + Notte dupiate, reproduce and/or misrepresent the contents ofthis document as your wm work, 1+ Fully accept the consequences should you plagarise or misuse thi document. ‘QUESTION 1 fh Mr and Mrs Jones calculates the amount of | money they, will need in order to live ‘comfortably upon their retirement with thei | advisor. They expect a 20-year-<* Fetirement period. How much should) fF and ?° Mrs Jones deposit now in a bapkfaecount | paying 7.5% interest per yea ‘compounded yearly to be able to withdraw an amount of R480 700.00 at ther of each year, starting one year fromutiow? a. 20816 560.32 Oe 1201 750.00 Od 2:041,942.02 Diselaimiar ued nents aac however th conn te vie" sore. Yh tbe aus ne Hae “QUESTION 2 ‘A manufacturing company have determined that the total revenue! F(z), from producing | eerietnct air conditioning | units ig gijeriby the function i Sa! — 100? + Se +1000. The cost, C(2), to produce x units s lyst? by the function lz) = 250000 + 162" ‘The marginal profit functigat when x units are produced and sold, £is.given by which of the | following options’? a Disclaimer homer conte re ee 25° nou apse “egrua ctf. Te tho net no WAY mgnran eseach end efsence purges ORLY. No pt Fee society be Teoocved, reside anise nay fon ery ary resins. QUESTION 3. | Jonathan obtained hia. degree and started his own consulting company in January of 2010. At the end of each month he bagan sovlng R2.80.00 in is account and requglied the bank to quarterly debi three aginth sum of his exact savings towards his. __pS'individual retirement aovount for a total: perio of ten years. The retirement agtilint ‘earned interest at 11% per annum, compounded quarterly. Theamount that was available to him afige'ten years in the rotirement accountig™ Rey “, ie Cag bt 614466.18. Sb. R 179141.07. Oe R 2021.46, ‘. or emma] isciamat xan cc has boon usec cates doouenthonave the conten re re ‘SE ctw ap epresartions or wean, rer ringed. Te hr eumes no HbA 36 omen. osecch ane eferncepuyosas ONL, No pat oft dant maybe ae stoma The sipaeannaiice é “questions Khumo takes out apefsonal loan of R439 200.00 to help findince the building of his holiday houses, The terms of his home loan specify efual three- monthly repayments oyetfive years, with 13.2% interest @ annum, compounded quarterly. Th so the loan was taken out. Considéfing the ah amortisation schedule, determine the total interest charged ot the fist year of repayments, °5 b. 66 618.00 © ©. 167 720.00 © 4.12871.85 Principal “439 20000 1425848 15770.86 42342915 1372803 16290.28, 407 12993 1318202 18 845.96 39078461 1261 Disslaimae store are hat tow used cont th acumen wove te abn at rode 3 sto anyepreseretone or uvartie egres orp Te autor ssa ty a8 "esc redanre ads fh comet fs Sara. Tis document sto bo ae fe ovomlnon.resserch sd feterose pases ORLY, He part oth dorset may Re Testo xa or anenstagin ae fom ory any ans. gly Guestions ae There are 47 000: fust'yeer qualifying | 7s applicants in one tiiversity. The number of & BSc degree applicants Is 14 700 and the | numberof ‘BCom degree applicants is 32 390! The university intends to accept only 25° 500 students. The number of BSc degree students that should be accepted. eis calculated as ha Oa Bm 800 Ob. aa 47000 Gye'22000 y 32300 on y Y one a + Dialer se. The thor eb 0 iy sens cae has boen asst rete he Sours Rowena th cartons re pwd ai ‘oamraeh,tseroh anger purses ONY. No pa thi oun may Wo

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