Question 2

Using the information in ANNEXURE A and answer the questions that follow.

2.1.1 Write down the market value in words. (2)

2.1.2 Calculate the VAT amount for the sewer monthly charge on a stand

larger than 2000 m². (2)

2.1.3 Write down the unit of measurement that was used for the meter readings. (2)

2.1.4 Determine the value of A. (2)

2.1.5 Use the stepped residential water tariff table to calculate the value of B, the

total amount for water usage. (4)

Use the graph above to answer the questions that follow.

2.2.1 State the type of proportion represented in the graph above. (2)

2.2.2 Write down the number of friends in the group if each paid R500. (2)

2.2.3 Calculate the amount each person will pay if 7 friends hired the truck. (3)

Use TABLE 2 above to answer the questions that follow.

(a) Determine (in months) how long he took to save R17 000,00. (2)

(b) Write down the interest rate he will get if he invests his money for 3 years. (2)

(c) Determine (rounded to the nearest R100) the amount of interest Josh will

earn if he invests his accumulate savings for 3 years. (3)

(d) Sifiso wants to invest R24 000,00 for 48 months instead of 12 months.

Calculate the difference in percentage points for the interest rate. (2)

(e) Write down the minimum number of years and months a person must invest

R25 000,00 to earn an interest rate of 8,41%. (3)

Use TABLE 3 above to answer the questions that follow.

2.3.1 Write the amount received from loans as a number in millions. (2)

2.3.2 Calculate the missing value A. (2)

2.3.3 Calculate the missing value B. Show all calculations. (4)

2.3.4 Determine the amount allocated for Community Development as a

percentage of the total expenditure. (3)

[42]