Home / Central Data Catalog / ZAF_2004_SASAS_V01_M / variable [F5]
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Social Attitudes Survey 2004

South Africa, 2004
Reference ID
ZAF_2004_SASAS_v01_M
Producer(s)
Human Sciences Research Council (HSRC)
Metadata
DDI/XML JSON
Created on
Apr 25, 2019
Last modified
Apr 25, 2019
Page views
9041
CSV JSON

3. how much should he pay back to the bank at the end of two (teach_pedag_q3)

Data file: education teacher

Overview

Valid: 523
Invalid: 0
Minimum: 0
Maximum: 1
Type: Discrete
Decimal: 0
Range: -
Format:

Questions and instructions

Literal question
A math problem and the student's incorrect answer are printed below. Circle the correct explanation for why the student's answer is wrong.
Otieno borrowed 100 000 shillings from a bank that charged compound interest at the rate of 30% p.a. How much should he pay back to the bank at the end of two years?
ANSWER: 60000
Why is this not correct? Circle your answer
a) The student calculated the annual interest rate instead of the compound interest rate.
b) The student failed to include the principal.
c) The student calculated the annual interest rate instead of the compound interest rate and failed to include the principal.
Categories
Value Category
0
1
Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.