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Assignment Question

This assignment asks students to answer questions testing their understanding of basic business mathematics concepts. Students must answer all questions, showing their work clearly and systematically. The questions cover topics like simple interest calculation, determining loan terms using the Banker's Rule, and calculating present and future values of debts assuming compound interest rates.

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Mohd Tajudin Dini
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152 views3 pages

Assignment Question

This assignment asks students to answer questions testing their understanding of basic business mathematics concepts. Students must answer all questions, showing their work clearly and systematically. The questions cover topics like simple interest calculation, determining loan terms using the Banker's Rule, and calculating present and future values of debts assuming compound interest rates.

Uploaded by

Mohd Tajudin Dini
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ASSIGNMENT QUESTION / SOALAN TUGASAN

PURPOSE
The purpose of this assignment is to enhance learners’ understanding on the basic concepts of
business mathematics.

Tujuan tugasan ini adalah untuk mempertingkatkan pemahaman pelajar tentang konsep-konsep asas
matematik perniagaan.

REQUIREMENT

Answer all the questions and show your detailed workings clearly and systematically.

Jawab semua soalan dan tunjukkan jalan kerja yang terperinci anda dengan jelas dan sistematik.
QUESTIONS 1 Marks

a) Five years ago, Mr Muthu invested RM10,400 in a bank at a simple interest rate of 8.6%. Find the
i) amount in the account today.
(3)
ii) number of years required if Mr Muthu wants the amount in the account to become
RM18,896.80. (give answers in the form of years and months).
(6)

b) On 29 June 2017, Ah Leong took a loan from a bank that charges a simple interest rate 5.5% per
annum. On 27 November 2017, he paid RM14,320.84 to settle the loan. Using the Banker’s Rule,
find
i) the term of the loan in the exact number of days.
(2)
ii) the loan amount.
(3)

c) A debt of RM8,000 will mature in two years’ time. Find


i) the present value of this debt.
(3)
ii) the value of this debt at the end of five years.
(3)
Assuming money is worth 6% compounded quarterly.
(Total: 20 marks)

a) Lima tahun lalu, Encik Muthu melabur RM10,400 disebuah bank dengan kadar faedah mudah 8.6%.
Cari
i) jumlah dalam akaun hari ini.
ii) bilangan tahun yang diperlukan sekiranya Encik Muthu mahukan jumlah dalam akaun itu
menjadi RM18,896.80. (berikan jawapan dalam bentuk bulan dan tahun)
b) Pada 29 Jun 2017, Ah Leong mengambil pinjaman daripada bank dengan kadar faedah mudah 5.5%
setahun. Pada 27 November 2017, beliau membayar RM14,320.84 untuk menyelesaikan pinjaman
tersebut. Menggunakan kaedah Banker’s Rule, cari
a) tempoh pinjaman dalam bilangan hari.
b) jumlah pinjaman.

c) Hutang sebanyak RM8,000 akan matang dalam tempoh dua tahun. Cari
i) nilai kini hutang ini.
ii) jumlah hutang pada akhir tahun kelima.
Dengan mengandaikan wang terkompaun secara su

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