Question: DSC1630 Question 3 An amount borrowed at 29% interest per year, compounded continuously, has accumulated to R38 279,20 after four years. The initial amount borrowed

DSC1630 Question 3 An amount borrowed at 29% interest per year, compounded continuously, has accumulated to R38 279,20 after four years. The initial amount borrowed was [1] R13 823,05. [21 R12000,00 [3] R12005,53. 14 R17 721,85. 151 R7160,73 Question 4 An interest rate of 17,5% per year, compounded quarterly, is equivalent to a continuous compounding rate of [1] 21 131 14 151 17,185% 17,500% 17,128% 19,125% 17,888% Question 5 The effective rate for a continuous compounding rate of 17,5% per year, is [1] [2] 13 141 151 16,13% 21,08% 17,50% 19,13% 19,12% Question 6 If R35 000 accumulates to R48 320 at a continuous compounded rate of 8,6% per year, then the term under consideration is .... years. 6,23 [1] 12 31 2,77 4,43 3.91 151 3,75 8
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