Answered

Get comprehensive answers to your questions with the help of IDNLearn.com's community. Get prompt and accurate answers to your questions from our community of knowledgeable experts.

Mathematical Literacy
Grade 10
Mopani East District
Assignment 2 (Task 5)
August 2024

QUESTION 1

1.1 The table below shows a list of terms and definitions of concepts used in Mathematical Literacy.

TABLE 1: LIST OF TERMS AND DEFINITIONS

\begin{tabular}{|c|c|c|c|}
\hline
\multirow[b]{2}{}{1.1.1} & \multirow{2}{}{\begin{tabular}{l}
TERM \\
Fixed \\
income
\end{tabular}} & \multicolumn{2}{|c|}{ DEFINITION } \\
\hline
& & A & \begin{tabular}{l}
The amount of money added to borrowed \\
money.
\end{tabular} \\
\hline
1.1.2 & Interest rate & B & \begin{tabular}{l}
An estimate of income and expenditure for a \\
set period.
\end{tabular} \\
\hline
1.1.3 & Interest & C & The percentage at which interest is charged \\
\hline
1.1.4 & Profit & D & \begin{tabular}{l}
The difference between the cost price and \\
the selling price
\end{tabular} \\
\hline
\multirow[t]{3}{*}{1.1.5} & Budget & E & \begin{tabular}{l}
It's an amount of money a person receives \\
that changes according to a situation
\end{tabular} \\
\hline
& & F & \begin{tabular}{l}
A compulsory levy imposed on citizens' \\
earnings or purchases to fund the activities \\
of the government
\end{tabular} \\
\hline
& & G & \begin{tabular}{l}
An amount of money received that stays the \\
same from month to month
\end{tabular} \\
\hline
\end{tabular}

Match the terms with the correct definitions. Example: 1.1.1 M
[10]

Sagot :

GinnyAnsweridn
Let's carefully examine each term and its corresponding definition to match them correctly:

1. Fixed Income:
- Definition: An amount of money received that stays the same from month to month.
- From the provided table, this description matches definition G.

2. Interest Rate:
- Definition: The percentage at which interest is charged.
- From the provided table, this description matches definition C.

3. Interest:
- Definition: The amount of money added to borrowed money.
- From the provided table, this description matches definition A.

4. Profit:
- Definition: The difference between the cost price and the selling price.
- From the provided table, this description matches definition D.

5. Budget:
- Definition: An estimate of income and expenditure for a set period.
- From the provided table, this description matches definition B.

Now, let's summarize the matches for each term:
- 1.1.1 Fixed Income: G
- 1.1.2 Interest Rate: C
- 1.1.3 Interest: A
- 1.1.4 Profit: D
- 1.1.5 Budget: B

So, the final answer is:
- 1.1.1: G
- 1.1.2: C
- 1.1.3: A
- 1.1.4: D
- 1.1.5: B
We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com is your source for precise answers. Thank you for visiting, and we look forward to helping you again soon.