Answer :
### Step-by-Step Solution
#### Question 1.1.1
Write down the amount brought forward in words.
The amount brought forward is 2,678,016.
Answer:
Two million six hundred seventy-eight thousand sixteen.
#### Question 1.1.2
How much did Funiswa's bursary fund deposit in the account?
From the bank statement, on the date 2016-11-22, it is recorded as:
- Funiswa's bursary payment: R 5800.00
Answer:
The bursary fund deposited R 5800.
#### Question 1.1.3
Calculate [tex]\( A \)[/tex] for a cash deposit at ATM and verify the statement:
Given:
- Cash deposit at ATM: R 240
- ATM deposit fee: R 0.80 + 1.20% of the deposit value
First, calculate the fee for depositing cash at the ATM:
[tex]\[ \text{Cash deposit fee} = R 0.80 + \left(1.20\% \times R 240\right) \][/tex]
[tex]\[ \text{Cash deposit fee} = R 0.80 + \left(\frac{1.20}{100} \times 240\right) \][/tex]
[tex]\[ \text{Cash deposit fee} = R 0.80 + R 2.88 \][/tex]
[tex]\[ \text{Cash deposit fee} = R 3.68 \][/tex]
Based on this total fee, the amount actually deposited (verifying [tex]\( A \)[/tex]) after subtracting the fee:
[tex]\[ A = \text{Cash deposit} - \text{Cash deposit fee} \][/tex]
[tex]\[ A = R 240 - R 3.68 \][/tex]
[tex]\[ A = R 236.32 \][/tex]
Answer:
The cash deposit fee is R 3.68 and the amount credited after the fee is R 236.32.
#### Question 1.1.1
Write down the amount brought forward in words.
The amount brought forward is 2,678,016.
Answer:
Two million six hundred seventy-eight thousand sixteen.
#### Question 1.1.2
How much did Funiswa's bursary fund deposit in the account?
From the bank statement, on the date 2016-11-22, it is recorded as:
- Funiswa's bursary payment: R 5800.00
Answer:
The bursary fund deposited R 5800.
#### Question 1.1.3
Calculate [tex]\( A \)[/tex] for a cash deposit at ATM and verify the statement:
Given:
- Cash deposit at ATM: R 240
- ATM deposit fee: R 0.80 + 1.20% of the deposit value
First, calculate the fee for depositing cash at the ATM:
[tex]\[ \text{Cash deposit fee} = R 0.80 + \left(1.20\% \times R 240\right) \][/tex]
[tex]\[ \text{Cash deposit fee} = R 0.80 + \left(\frac{1.20}{100} \times 240\right) \][/tex]
[tex]\[ \text{Cash deposit fee} = R 0.80 + R 2.88 \][/tex]
[tex]\[ \text{Cash deposit fee} = R 3.68 \][/tex]
Based on this total fee, the amount actually deposited (verifying [tex]\( A \)[/tex]) after subtracting the fee:
[tex]\[ A = \text{Cash deposit} - \text{Cash deposit fee} \][/tex]
[tex]\[ A = R 240 - R 3.68 \][/tex]
[tex]\[ A = R 236.32 \][/tex]
Answer:
The cash deposit fee is R 3.68 and the amount credited after the fee is R 236.32.