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1.4 Thabo wants to save enough money to travel home for the holidays. The table...

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Accounting

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1.4 Thabo wants to save enough money to travel home for the holidays. The table below shows the budget Thabo prepares for her weekly expenses. Analyse the table for Thabo's weekly expenses and then answer the questions that follow. 3 [TURN OVER] MAE203P Sept/Oct/Nov 2021 Cost Income Weekly salary R1 150 Rent R385 Food R420 R65 Prepaid airtime Electricity R40 Transport R130 TOTAL 1.4.5 It will cost Thabo R880 to travel home for the holidays. She will need a further R3 000 for presents for her family and R2 500 to spend at home. 1.4.5.1 How many weeks will it take Thabo to save enough money for her holiday? (3) 1.4.5.2 Will Thabo be able to afford to take a one-week holiday every year? Explain your answer. (3) 1.4.5.3 How much does Thabo need to save each week in order to afford her holiday? Round off your answer to the nearest rand. (3) 4 [TURN OVER] MAE203P Sept/Oct/Nov 2021 1.4.5.4 How much extra does Thabo need to save each month in order to afford the holiday? (2) 1.4.5.5 What suggestions would you give to Thabo about how she could save more money to afford the holiday? (2)

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