Group 3 2T1 Performance Task (Thai Baht) by https://padlet.com/lam_chen_peng/2T1_Group_3 Our Pala Pala Stall. This activity provides students with the opportunity to use their mathematical and financial knowledge to travel to other countries in the world for their business idea. en-us 2018-05-05 04:21:46 UTC 2026-02-10 20:52:14 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Doubleheart.png lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192268 1. Firstly, we need to calculate how much to sell our Nasi Lemak dishes overseas.
Let's look at an example below]]> 2018-05-05 04:21:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192268 2. Your turn to calculate the prices of your Nasi Lemak dishes in foreign currency. Enter your calculation into the Google slides below. lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192269 Your Turn
Show your currency conversion below. Click and work on the Google PowerPoint slide.]]> 2018-05-05 04:21:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192269 Option 1: Bank ALI lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192270 5% Simple Interest
Work out how much you need to repay at the end of 3 years.
Show your workings below:Interest = prn
Interest=15000X5X3 /100
=SGD2250

]]> 2018-05-05 04:21:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192270 Option 2: Bank BABA lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192271 4.5% Compound Interest
Work out how much you need to repay at the end of 3 years.
Show your workings below:Accumulated Amount = P(1 + r/100)n
15000(1+4.5/100)3
=17117.49
]]> 2018-05-05 04:21:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192271 Which bank gives us a better deal? and by how much? lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192272 Bank 🤬 by $YYY 
=bank 1 by $14867=49]]> 2018-05-05 04:21:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192272 Based on the bank you have chosen in Task 2, calculate how much we need to pay back the bank per month for the S$15,000 loan. lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192274 Show your workings below:
Step 1. Loan Repayment period is 3 years = 36 months

Step 2. Total amount of loan including interest = 15000+2250
                                =SGD$17250
Step 3. Monthly instalment amount =479.17$

]]> 2018-05-05 04:21:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192274 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192276 2018-05-05 04:21:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192276 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192279 2018-05-05 04:21:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192279 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192280 1. Your group will need to change 10,000 Thai Baht for the recce trip. How much will that be in Singapore dollars (S$)? Give your answers correct to 2 decimal places.]]> 2018-05-05 04:21:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192280 Show your workings here lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192281 10000/24=SGD416]]> 2018-05-05 04:21:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/258192281 https://padlet.com/lam_chen_peng/2T1_Group_3/wish/259129731 nasi lemak sotong

]]> 2018-05-09 01:37:28 UTC https://padlet.com/lam_chen_peng/2T1_Group_3/wish/259129731