0417_w20_qp_12
A paper of Information and Communication Technology, 0417
Questions:
12
Year:
2020
Paper:
1
Variant:
2

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Khalid keeps a spreadsheet to record his expenses and to plan for future spending. This spreadsheet is split into two separate sheets, which he has named Plan and Model. Plan contains details of his future spending. Model contains a model of his income and expenses. Plan A Income Statement Income Expenditure items Taxes Housing Food Transportation Entertainment / Other Healthcare Investment return Income Growth Expense Ratio % % of spending 63,784 12,757 19,135 6,378 9,568 6,378 3,189 4% 2.5% 90% 22.22% 33.33% 11.11% 16.67% 11.11% 5.56% 20% 30% 10% 15% 10% 5% % of income B C D Housing Food Transportation Model A Model Income Investment Income Total Income Taxes Entertainment / Other Can I afford a car? Savings Balance Sheet Net Income (Savings) Total Expenses Healthcare 72,166 70,406 68,688 67,013 1,450 1,123 65,379 73,616 71,529 69,504 67,540 65,634 64,950 63,366 61,820 60,312 58,842 57,405 63,784 63,784 14,433 14,081 13,738 13,403 13,076 12,757 21,650 21,122 20,607 20,104 19,614 19,135 10,825 10,561 10,303 10,052 9,807 9,568 7,217 7,041 6,869 6,701 6,538 3,608 3,520 3,434 3,351 3,269 3,189 7,217 7,041 6,869 6,701 6,538 44,912 36,246 28,083 20,399 13,171 8,666 8,163 7,684 7,228 6,792 Y Y N N N N 6,379 6,379 6,378 6,378 B C G F E D Khalid has entered a formula in cell C4 of the Model sheet. The formula is B4+(B4*Plan!$B13) Explain, in detail, what the formula does. Include in your answer an explanation of why the $ and the ! are used in the formula. He is saving up to buy a new car; this will cost at least $35,000. Khalid has entered a formula in cell B21 of the Model sheet. The formula is IF(B20>35000,"Y","N") Explain, in detail, what the formula does. Plan A Income Statement Income Expenditure items Taxes Housing Food Transportation Entertainment / Other Healthcare Investment return Income Growth Expense Ratio % % of spending 63,784 12,757 19,135 6,378 9,568 6,378 3,189 4% 2.5% 90% 22.22% 33.33% 11.11% 16.67% 11.11% 5.56% 20% 30% 10% 15% 10% 5% % of income B C D Khalid is planning to create an appropriate graph/chart to be placed in a new sheet. The graph/chart will display the % of income and the names of the expenditure items from the Plan sheet. Identify the most appropriate graph/chart he could use and describe the steps he needs to take to produce this graph/chart in a new sheet.
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