C.X.

C
Information Technology
School Based Assessment

Creative nail salon

Name of candidates and numbers:

Sherwayne Thompson 1000180759
Akeem Smith 1000180694
Kaheem Emanuel 1000180317
Kaleish Gordon 1000180376
Lateecia Forsythe 1000180325
Tiffany Stephens 1000180716
Year of exam: June 2020
Center #: 100018
School name: Charlie Smith High School

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Contents
Service.........................................................................................................................................................2

Q1Service....................................................................................................................................................3

Comparison of amounts..............................................................................................................................4

Recommendations on loan..........................................................................................................................5

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 Service

There are four (4) services offered by the company Creative Nail Salon. These services are

illustrated in figure 1.0 and figure 1.1 below. Mr. Baxter should be earning a grant total of ninety

eight thousand dollars $98,000.00 generated from all his services. He makes the most from

manicures which is that of forty eight thousand dollars $48,000.00 and the least from nail polish

which is that of twelve thousand dollars $12,000.00.

Row Labels Sum of cost

Manicure $ 48,000

Nail Extension $ 18,000

Nail Polish $ 12,000

Pedicure $ 20,000

Grand Total $ 98,000

Fig 1.0 how much should be earned from each type of service

Total
60000

50000

40000

30000

20000

10000

0
Manicure Nail Extension Nail Polish Pedicure

Total

fig 1.1 bar graph representing how much should be earned from each type of service

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 Q1Service

Q1Pedicure

FName LName ServiceDay ServiceType

Minion Chamber Tuesday Pedicure

Daniella Garwood Thursday Pedicure

Victoria Gayle Friday Pedicure

Sasah Martin Tuesday Pedicure

Fig 1.3 customers who have requested the service pedicure and the service day

The figure above shows the table with the information of the customers that requested the service

type pedicures and the service days in which they are scheduled for.

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 Comparison of amounts

COMPARISON OF COSTS
$120,000.00

$100,000.00

$80,000.00
Series1
$60,000.00

$40,000.00

$20,000.00

$0.00
Total Paid by Cus- Total Cost of Overall
tomers Services

Fig 1.4 comparison of amounts

The company is earning revenue from the services provided to the customers. The total paid by

customers is that of one hundred and five thousand dollars $105,000.00, compared to the total

cost of services which is that of seventy four thousand four hundred dollars $74,400.00, overall

that is a difference of thirty thousand six hundred $30,600.00.

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 Recommendations on loan

Ban Interest Number Monthly Total int Total amount paid

k rate of years payment paid
per to
Loan year repay
amount

12,000 A 7.25 3 371.90 1,388.34 13,388.34

12,000 B 6.75 4 285.97 1,726.33 13,726.33

12,000 C 6.45 5 234.51 2,070.77 14,070.77

fig 1.5 loan amounts

The above table shows the loan amount of twelve thousand dollars $12,000.00. It shows three

different banks ( A,B,C), the interest rate per year 7.25%, 7.75%, 6.45%, the number of years 3,4

or 5 to repay, the total interest paid and the total amount paid respectively. The best option Mr.

Baxter should take is that of bank A, because his years to repay is that of three years and the least

amount of interest is paid on the same $12,000.00.

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