https://padlet.com/lam_chen_peng/2T1_Group_7 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 04:59:07 UTC 2023-03-24 22:04:52 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Doubleheart.png lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193576 1. Your group will need to change 10,000 TWD for the recce trip. How much will that be in Singapore dollars (S$)? Give your answers correct to 2 decimal places.]]> 2018-05-05 04:59:07 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193576 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193577 2018-05-05 04:59:07 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193577 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193578 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 04:59:07 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193578 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193579 Your Turn
Show your currency conversion below. Click and work on the Google PowerPoint slide.]]> 2018-05-05 04:59:07 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193579 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193580 5% Simple Interest
Work out how much you need to repay at the end of 3 years.
Show your workings below: 15000 x 3 x 5 divide by 100 = $2250Interest = prn

]]> 2018-05-05 04:59:07 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193580 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193581 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 1500 ( 1 + 4,5 / 100 ) 3 = $17117.49188}

]]> 2018-05-05 04:59:07 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193581 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193582 Bank Ali by Bank Baba]]> 2018-05-05 04:59:07 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193582 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193583 Show your workings below:
Step 1. Loan Repayment period is 3 years = 36 months

Step 2. Total amount of loan including interest = $27000

Step 3. Monthly instalment amount = $75

]]> 2018-05-05 04:59:07 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193583 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193584 2018-05-05 04:59:07 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258193584 https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258786768 10,000 divide 22 = $454.545454]]> 2018-05-08 05:14:20 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/258786768 https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259132510 2018-05-09 01:56:28 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259132510 https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259132562 2018-05-09 01:56:56 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259132562 https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259132693 2018-05-09 01:57:42 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259132693 https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259132862 2018-05-09 01:58:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259132862 https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259132936 2018-05-09 01:59:16 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259132936 https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259133549 2018-05-09 02:04:11 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259133549 https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259133684 2018-05-09 02:05:09 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259133684 https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259133770 2018-05-09 02:05:47 UTC https://padlet.com/lam_chen_peng/2T1_Group_7/wish/259133770