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Plot the value of a vehicle and an investment on a graph using the provided data points for years 2008-2014.
Mathematics
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Step-by-step solution
4 stepsThanks for sending the addendum, Gomolemo. This graph paper is for plotting the values for questions 3.4 and 3.5.
Here's how you can plot the graphs:
Instructions for plotting the graphs for Questions 3.4 and 3.5:
Set up the axes.
- X-axis (Horizontal): Label this axis "Year". You have 10 major grid lines horizontally. You can assign each major grid line to a year, starting from 2008. For example, the first major line could be 2008, the second 2009, and so on, up to 2014. This will use 7 major lines.
- Y-axis (Vertical): Label this axis "Value (Rands)". The values range from R55 000 (investment in 2008) to R120 000 (vehicle in 2008). You have 10 major grid lines vertically. A suitable scale would be to let each major grid line represent R10 000 or R15 000. For example, if each major line is R10 000, you could start at R50 000 and go up to R150 000. If each major line is R15 000, you could start at R45 000 and go up to R195 000. Choose a scale that allows all data points to fit comfortably and uses most of the graph paper.
Plot the data points for the Value of vehicle (Question 3.4).
Use the following data points:
- 2008: R120 000
- 2009: R101 568
- 2010: R93 443
- 2011: R85 967
- 2012: R79 090
- 2013: R72 763
- 2014: R67 002 Plot these points on your graph.
Plot the data points for the Value of investment (Question 3.5).
Use the following data points:
- 2008: R55 000
- 2009: R60 775
- 2010: R67 157
- 2011: R74 208
- 2012: R82 000
- 2013: R90 610
- 2014: R100 590 Plot these points on the same graph as the vehicle value.
Draw the curves.
Connect the plotted points for the vehicle value with a smooth curve.
Connect the plotted points for the investment value with another smooth curve.
Label each curve clearly (e.g., "Vehicle Value" and "Investment Value").
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