Group 1 2T1 Performance Task (Thai Baht) by

Group 1 2T1 Performance Task (Thai Baht) by https://padlet.com/lam_chen_peng/2T1_Group_1 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 2018-05-02 19:25:25 UTC 2023-01-30 21:18:56 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Doubleheart.png lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257430570 1. Firstly, we need to calculate how much to sell our Nasi Lemak dishes overseas.
Let's look at an example below]]> 2018-05-02 19:50:25 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257430570 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_1/wish/257432134 Your Turn
Show your currency conversion below. Click and work on the Google PowerPoint slide.]]> 2018-05-02 19:55:25 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257432134 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257433217 2018-05-02 19:58:55 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257433217 Option 1: Bank ALI lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257433854 5% Simple Interest
Work out how much you need to repay at the end of 3 years.
Show your workings below:Interest = prn

Interest = 15000*3*5/100=S$ 2250

S$15000+S$ 2250=S$17250

]]> 2018-05-02 20:01:22 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257433854 Option 2: Bank BABA lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257434421 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= S$17117.49

]]> 2018-05-02 20:03:36 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257434421 Which bank gives us a better deal? and by how much? lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257435260 Bank baba by $132.51]]> 2018-05-02 20:06:35 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257435260 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_1/wish/257435659 Show your workings below:
Step 1. Loan Repayment period is 3 years = 3 months

Step 2. Total amount of loan including interest =

Step 3. Monthly instalment amount =

]]> 2018-05-02 20:08:09 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257435659 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257437689 2018-05-02 20:15:15 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257437689 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257437873 2018-05-02 20:16:01 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257437873 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257438119 2018-05-02 20:16:54 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257438119 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257438291 2018-05-02 20:17:31 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/257438291 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/258175237 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.]]> 2018-05-04 22:32:41 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/258175237 Show your workings here lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_1/wish/258188689 2018-05-05 02:49:53 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/258188689 https://padlet.com/lam_chen_peng/2T1_Group_1/wish/259130696 10000 Thai Baht divide 24 = S416.67]]> 2018-05-09 01:43:53 UTC https://padlet.com/lam_chen_peng/2T1_Group_1/wish/259130696