Literacy Worksheets 12 Teacher Training ACTIVITY 7 DBE/2022 Mathematical Liter Partner Child Child Aged Aged 14-21 6-13 Mr Prinsloo heard from his friends how important it is to make provision for unforeseen circumstances such as sudden death due to tragic accidents. He studied various funeral cover policies from different companies. The one that caught his eye is illustrated in the table below. Mr Prinsloo's family consist of his wife and two children . TABLE 1: ILLUSTRATES THE BENEFIT AND PREMIUM DETAILS IN RANDS OF A FUNERAL COVER POLICY. Funeral Cover Main Member ACTIVITY 8 In January 2022 before tax was i pension fund. TABLE 1: INC (1 MARCH 20 Taxable incom 1-216 200 216 201-337 Child Aged Family Plan Premiums 1-5 Year 1 20 000 20000 20 000 10 000 5.000 89.95 Year 2 337 801-467 21.000 21.000 21.000 10 500 5250 97.15 Year 3 22 050 22 050 22 050 11 025 5 512,50 A 467 501-613 Year 4 23 152.50 23 152,50 23 152,50 11 576,25 B 113.31 Year 5 24 310,13 24 310,13 24 310,13 12 155,06 6 077,53 122,38 Year 10 31 026.57 31 026.57 31 026,57 C 7.756.64 179,81 Year 15 39 598,64 39 598,64 39 598,64 19 799,32 9 899.66 264,20 613 601-782 782 201 1 65 1 656 601 and A Year 20 D D D 25 269.50 12 634.75 388,20 7.1. Calculate the following missing values: 7.1.1. The premium in the 3rd year (A). TABLE 2: REI TAX REBATE Primary (below 7.1.2. The pay-out value of a child aged 1-5 years in the 4th year (B). 7.1.3. The pay-out value of a child aged 6-13 years in the 10th year (C). 7.1.4. The pay-out value of a child aged 14-21 years, the partner or the main member in the 20th year (D). (2) Secondary (65 (3) Tertiary (75 an (3) 7.2. Explain the relationship between the pay-out amounts of a child at the ages 1-5, at the ages 6-13 and the ages of 14-21. 8.1 The R46 (2) 8.2 Mr 7.3. As the premium increases every year, the funeral cover also increases. a ma Explain why do you think that there is a need for an increase in the funeral cover? 7.4. Give ONE advantage and ONE disadvantage of paying money into a funeral cover plan. (4) each (3) repa
