Transcription of GRADE 12 MATHEMATICAL LITERACY LEARNER NOTES
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GRADE 12 MATHEMATICAL LITERACY LEARNER NOTES
The SSIP is supported by SENIOR SECONDARY INTERVENTION PROGRAMME 2013 GRADE 12 MATHEMATICAL LITERACY LEARNER NOTES Page 2 of 49 TABLE OF CONTENTS LEARNER NOTES SESSION TOPIC PAGE 1 Topic 1: Personal and business finance Topic 2: Tax, inflation, interest, currency fluctuations 3 13 14 - 25 2 Topic 1: Length, distance, perimeters and areas of polygons Topic 2: Surface area and volume 26 37 38 - 49 GAUTENG DEPARTMENT OF EDUCATION SENIOR SECONDARY INTERVENTION PROGRAMME MATHEMATICAL LITERACY GRADE 12 SESSION 1 ( LEARNER NOTES ) Page 3 of 49 SESSION 1: TOPIC 1: PERSONAL AND BUSINESS FINANCE PART I LEARNER Note: Interest calculations can be tricky. Just remember your formulae and take careful note of the period for which you are to calculate the interest. QUESTION 1 Peter invests R2000 at 7% simple interest per annum paid quarterly for a period of five and a half years. Convert the interest rate into a quarterly rate.
MATHEMATICAL LITERACY GRADE 12 SESSION 1 (LEARNER NOTES) Page 4 of 49 1. INTRODUCTION . Whenever a person buys something on credit, they are charged interest. Interest is a fee that is added to the actual value of a product for the convenience of receiving cash from an institution. There are two types of interest;
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