MIP1502 ASSIGNMENT 04 QUESTIONS AND ANSWERS MAY 2023

MIP1502 ASSIGNMENT 04 QUESTIONS AND ANSWERS MAY 2023 QUESTION 01 a) Express each situation in functional words. For example, the income tax is a function of the total income.  The labour is a function of house worked. For example if thy worked 2 hours they are going to get R100.  Siphokazi’s commission (15%) is a function of her weekly earnings (R230.00)  The amount by which your savings will grow is a function of the interest offered by the bank.  The area of a circle is a function of the radius of a circle.  The money paid for the rental of van (R230 + 4.30) is a function of the kilometres travelled. b) For each situation, indicate the dependent and independent variables.  For the first situation the dependent variable (y) is the labour and the independent variable (x) is the money paid per hour or the earnings per hour.  For the second situation the dependent variable (y) is Siphokazi’s commission (15%) and the independent variable (x) is her weekly earnings.  For the third situation the dependent variable (y) is the amount by which your savings grow and the independent variable (x) is the interest offered by the bank.  For the fourth situation the dependent variable (y) is the area of a circle and