Certainly! Let's go through the given statement and answer each question step by step:
### 1.5.1 Write down the opening balance of the account. (2)
From the statement in the table, we can see:
- Opening balance: [tex]\(R 1000,61\)[/tex]
Hence, the opening balance is:
[tex]\[ R 1000,61 \][/tex]
### 1.5.2 How much did Katlego pay for this month? (2)
From the table, the amount Katlego paid via ATM payment is recorded as:
- ATM payment: [tex]\(R 200,00\)[/tex]
Therefore, the total amount Katlego paid this month is:
[tex]\[ R 200,00 \][/tex]
### 1.5.3 Which deduction on this account is not a necessity? (2)
Among the listed deductions, the "Lifestyle magazine" subscription is generally considered a non-necessity compared to other expenses such as interest, ATM payments, and account protection plan.
Hence, the deduction that is not a necessity is:
Lifestyle magazine
### 1.5.4 Determine the interest as a percentage of the opening balance. (2)
The interest charged is given as [tex]\(R 23,73\)[/tex].
The opening balance is [tex]\(R 1000,61\)[/tex].
The interest as a percentage of the opening balance is calculated as:
[tex]\[ \text{Interest Percentage} = \left( \frac{\text{Interest}}{\text{Opening Balance}} \right) \times 100 \][/tex]
Plugging in the values:
[tex]\[ \text{Interest Percentage} = \left( \frac{23,73}{1000,61} \right) \times 100 \approx 2,372 \% \][/tex]
Hence, the interest as a percentage of the opening balance is:
[tex]\[ 2,372 \% \][/tex]
This gives us the detailed step-by-step solution to each part of the question.
