Question: QUESTION 1 (The Engineer, User information and Communication Systems) Data in a useful format is called information. Information should meet certain criteria before it becomes
QUESTION 1 (The Engineer, User information and Communication Systems)
Data in a useful format is called information. Information should meet certain criteria before it becomes useful input in decision-making processes.
The quality of information is important. Briefly evaluate and explain the attributes of information in a work environment. [10]
QUESTION 2(TVM and Project Selection)
1. Mr Morui Motsepe deposits R1000 in an account for 5 years. Calculate the interest earned on his investment (USE: current Republic of South Africa interest rate (11.75%) in JUNE 2023), if he earns:
(i) simple interest per year, {2}
(ii) compound interest per year {2
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