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Grade 11 Technical Mathematics (TECH MATH) September Paper and Memo - 2024

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Grade 11 Technical Mathematics September Paper and Memo: Total:  75 Marks. Topics covered in this paper: Financial Mathematics Circle Geometry Trigonometry This is a practice paper with memorandum meant to test the student's knowledge, and will not be the same paper written for the exam. CHR SMI

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Datum / Date: SEPTEMBER 2024
Tyd / Time: 1 hour 30 minutes
Punte / Marks: 75
Graad / Grade: 11
Vak / Subject: Technical Mathematics
Vraestel / 1
Paper:


Naam en Van / Name and
Surname:


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Number the answers correctly according to the numbering system used in this
11.
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Good luck with your exam!

Topics covered in this paper:

 Financial Mathematics
 Circle Geometry
 Trigonometry




Bl / Pg 1/4 www.summariessa.co.za Opsteller /
CHR SMI
Author:
Graad / Vak / Datum / Date:
11 TECH MATH SEPT 2024
Grade: Subject:

, QUESTION 1: FINANCIAL MATHEMATICS

1.1 Rene invested with FinBank to save up for her wedding day. She
decided to invest the money for 10 years. She receives an
interest rate of 11% p.a. compounded monthly for the first 6
years. The interest rate changes to 13% p.a. compounded
quarterly for the remaining 4 years of the term. The money
grows to R300 000 at the end of the investment period.

1.1.1 Calculate the effective interest rate p.a. during the first 6
years. (3)

1.1.2 Determine the initial amount of money Sima invested.
(4)



1.2 Dalene buys a new stove for the catering business. The cost of the
machine is R5 600 on a hire-purchase, she pays equal monthly
payments over 3 years for the stove.

 The interest rate charged is 11, 5% per annum.
 She also takes out an insurance premium of R12 per month, to
cover the cost of damage or theft.

Determine:

1.2.1 The actual amount she paid for the oven.
(3)

1.2.2 The amount she paid each month.
(3)



1.3 A piece of equipment valued at R200 000 depreciates, on a reducing
balance, to a quarter of its original price after 5 years.

Determine the rate at which the piece of equipment depreciated.
(4)

[17]




Bl / Pg 2/4 www.summariessa.co.za Opsteller /
CHR SMI
Author:
Graad / Vak / Datum / Date:
11 TECH MATH SEPT 2024
Grade: Subject:

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