Question 1

Use TABLE 1 and the calendar above to answer the following questions.

1.1.1 Determine the probability of randomly selecting a workday in October 2015 with a date that is an even number. (3)

1.1.2 Give ONE valid reason why a company will not necessarily use a bank offering the lowest bank charges. (2)

1.1.3 Determine the missing value of A (rounded off to ONE decimal place) if the 2014 withdrawal fee was equal to: (R3,50 + 1,1% of the withdrawal amount)

You may use the following formula:

l . 1.4 The company withdrew R 15 000 for the weekly wages every Friday. The financial officer stated that the company would have saved more than R90 in withdrawal fees if they had used Bank Y rather than Bank X for the four withdrawals.

Verify whether this statement is valid. (7)

1.1.5 Calculate an employee’s total monthly wage if he earned R2 142,85 per week in October 2015. Assume that the employee was not absent and did not work overtime in this month. (4)

Use the information in TABLE 2 above to answer the following questions.

1.2.1 Give and explain TWO possible factors that could have led to the decrease in the global shipment of computers since 2012. (4)

1.2.2 Determine the difference between the total number of computers shipped globally by the five manufacturers in the first quarter of 2012 and the first quarter of 2013. (4)

1.2.3 It was stated that in this period, manufacturer A showed a greater percentage decrease in the shipment of computers compared with manufacturer D.

Verify (showing ALL calculations) whether this statement is valid. (7)