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CSEC Math SBA Sample - Hire Purchase

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952 views11 pages

CSEC Math SBA Sample - Hire Purchase

Uploaded by

glacsecgroup
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CARIBBEAN EXAMINATIONS COUNCIL

Mathematics School Based Assessment

TITLE: Is it better to buy kitchen appliances on hire purchase or cash?

Candidate: Jaunique Knowles

Registration Number:

Centre:

Centre’s Code:

Teacher:
Tale of Contents

Acknowledgements…………………………………………………………………2

Introduction………………………....………………………………………...…….3

Method of Data Collection………………………………………………………….4

Presentation of Data………………………………………………………………...5

Analysis of Data…………………………………………………………………….

Discussion of Findings…………...…………………………………………….……

Conclusion…………………………………………………………………………..

Appendix of Diagrams and Mathematical Knowledge used…………………..……


Acknowledgements

Above all else, I might want to express gratitude toward God for giving me the

information, quality and everything else that I required keeping in mind the end goal to finish

this SBA.

The endeavors made and help given by my instructor and guardians are extraordinarily

refreshing. Their diligent work, assurance and help were viewed as sympathetic acts towards the

fruition of the SBA.

I might want to demonstrate my appreciation towards the majority of the beneficiaries

who participated in and finished time checks. Their commitment is acknowledged and

appreciated.
Introduction

The main reason or point of the SBA is to check whether buying appliances on hire

purchase is better than buying them in cash. Many prefer to buy on hit purchase because no only

do they get a chance to use the item while they pay, and also because paying on hire purchase

eased the price of the item on their budget. However, others may prefer to buy on cash because it

is cheaper and easier.

I chose to investigate this topic because it would be useful in the future. As we grow up,

we will need to purchase various appliances. By researching this, the knowledge of the pros and

cons of buying items on hire purchase and cash will be available for future reference.
Method of Data Collection

Two (2) stores that offer hire purchase plans, will be visited. A common item will be

found within the two stores, once it can be bought on hire purchase. The prices for both the

items, including the hire purchase plan and selling price, will be collected via a sales clerk for

comparison.
Presentation of Data

Washing machine Selling Price Fridge Selling Price

Washing machine #1 $35,000 Fridge #1 $90,000

Washing machine #2 $48,000 Fridge #2 $91,000

Washing machine #3 $50,000 Fridge #3 $108,000

Table 1: Table showing the selling prices for three washing machines and fridges at Lucky
Furniture Store.

Fridge Deposit Weekly Monthly

Fridge #1 $32,000 $5,565 $22,260

Fridge #2 $35,000 $5,950 $23,800

Fridge #3 $39,000 $6,520 $26,080

Table 2: Table showing the hire purchase plan prices for three fridges.

Washing machine Deposit Weekly Monthly

Washing machine #1 $12,000 $2,166 $8,664

Washing machine #2 $17,000 $2,925 $11,701

Washing machine #3 $18,000 $3,022 $12,100

Table 3: Table showing the hire purchase plan prices for three washing machines.
Figure 1: Bar graph showing a comparison between the fridges’ selling prices and the hire
purchase prices.

Figure 2: Bar graph showing a comparison between the washing machines’ selling prices and the
hire purchase prices.
Analysis of Data
Discussion of Findings
Conclusion
Appendix of Diagrams and Mathematical Knowledge used

Consumer Arithmetic

Hire Purchase

Percentage

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