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QMI1500 ASSESSMENT 4 SEM 1 OF 2025 EXPECTED QUESTIONS AND ANSWERS

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THIS DOCUMENT CONTAINS QMI1500 ASSESSMENT 4 SEM 1 OF 2025 EXPECTED QUESTIONS AND ANSWERS.USE IT CORRECTLY AS A GUIDE

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Question 1
Writing the sentence
Notyet
...s.y«...a threeis equal to bwenty one divided by the sum of anumber
and five
Marked outof
1.00 ool " -
e as an g
algebraic eq equation, i gives
o Select one:
® a 21
8= s
5 b 3(m+21)=5.
5 g Lug
m
d 3m+5=21

Clearmy choice


Qusstion 2 The stem-and-leaf diagram below shows the distribution of the number
Notyet of motor cars sold during the past year by a group of salesmen at a
msseamd motor dealer (5|2 depicts 52 motors sold) as reported in a survey.
Marked autof
1ee Motor cars sold at a motor dealer
¥ Elea
. = Stem | Leaf
2 |1
3 7. 9
4 5 7,9
5 0,25 7299
6 2,2 6
7 4, 7
8
9 1

‘Which ONE of the following statements is TRUE?

Select one:
) a. Thereis no mode in the data set.
® b. A mean number of 55,67 motor cars has been sold.
~ €. Thereis not enough information to calculate the mean.
o d. A median number of of 89 motor cars has been sold.

Clear my choice

,Quastion 3 Consider
the fallowing graph:
Notyet
enswered y
Merked outof T
1.00
11 3t [
¥ Eleg
guestion 24




11 3+ v



The quadrant(s) that contain(s) no points of the solution space of i < _;11‘“:
isfare

Select one:
O a llonly.

2 b, land Il only.

® c. lland IV only.

d. lonly.

Clear my choice

,Question4
Andrew bought a bachelor flat for R240000. He made a down payment of
Notyet
it R100000 and obtained a 20 year mortgage bond for the balance at an interest
ke Siat i ate of 19,5% per annum, compounded monthly. ki
1.00 After eight years the interest rate drops to 18% per annum, compounded
¥ Fleg monthly, and the present value of the loan is R128 851,39,

Aueston His new monthly payments are

Select one:
O a. R254334.
b, R1182226.
® c R2191,04.
d. R30880,62.
Clear my choice

To pay for a dream cruise she wants to take, Sharon opens an investment
account in which she deposits R9 000. After three months her car breaks down
and she has to withdraw R2320 from the same account for repairs. The
account pays 10% interest per year, compounded quarterly. This is represented
by the following time line:

0000



months
-
-—




2320
@ 10% per year compounded quarterly
The amount of money that she has in the account for her trip after nine months.
is

Select one:

® a. R7T25457.
b. R7018,18.
¢ RB54928.
5 d. R7T25950.
Clear my choice

, Suppose a company has ten employees, one earning R160 000, one earning
R120000, two earning R60 000, one earning R40 000, and five earning
R32000.
What is the mean salary for the company?

Select one:
a. R40000
O b. R32000
@ c. R60000
d. R36000
Clear my choice

Seven years ago Mitch invested R14 950 at a simple interest rate of 9,5% per
year. Four years ago he withdrew the accumulated sum and reinvested it at a
different yearly simple interest rate. The total accumulated sum that Mitch has
in his account now, is R28431 91,

The accumulated sum that Mitch reinvested four years ago is

Select one:
) a. R20631,00.
® b R10628.34.
5 ¢ RI8500,63.
O d R10210,75.
Clear my choice


Which ONE of the following staternents is TRUE?

Select one:
®a 43-3+2=42
)b 18— (4+T7)=21
)c 64—1042=52
Od 80+2+6=10
Clearmy choice

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