Group 12 2T1 Performance Task (India Rupee) by https://padlet.com/lam_chen_peng/2T1_Group_12 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 06:44:08 UTC 2025-10-27 20:11:38 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Doubleheart.png 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_12/wish/258196844 Show your workings below:
Step 1. Loan Repayment period is 3 years = 🤬 months
2117.49/36=$58.82
Step 2. Total amount of loan including interest = 15000+2117.49=$17117.49

Step 3. Monthly instalment amount =17117.49/36=$475.

]]> 2018-05-05 06:44:08 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196844 Option 1: Bank ALI lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196845 j5% Simple Interest
Work out how much you need to repay at the end of 3 years.
Show your workings below:Interest = prn

INTEREST15000*5*3/100=$2250
]]> 2018-05-05 06:44:08 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196845 Option 2: Bank BABA lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196846 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

ACCUMULATED AMOUNT =15000(1+4.5/100)*3=17117.49
 INTEREST= 17117.49-15000=
 $2117.49
]]> 2018-05-05 06:44:08 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196846 Which bank gives us a better deal? and by how much? lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196847 Bank 🤬 by $YYY
2250-2117.49
Bank BABA by $132.51]]> 2018-05-05 06:44:08 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196847 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196848 1. Firstly, we need to calculate how much to sell our Nasi Lemak dishes overseas.
Let's look at an example below]]> 2018-05-05 06:44:08 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196848 2. Your turn to calculate the prices of your Nasi Lemak dishes in foreign currency. Enter your calculation into the Google slides below. lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196849 Your Turn
Show your currency conversion below. Click and work on the Google PowerPoint slide.]]> 2018-05-05 06:44:08 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196849 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196850 1. Your group will need to change 22,000 INR for the recce trip. How much will that be in Singapore dollars (S$)? Give your answers correct to 2 decimal places.]]> 2018-05-05 06:44:08 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196850 Show your workings here lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196851 440]]> 2018-05-05 06:44:08 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/258196851 show working https://padlet.com/lam_chen_peng/2T1_Group_12/wish/259130850 22000INR/ 50=SGD440]]> 2018-05-09 01:44:46 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/259130850 https://padlet.com/lam_chen_peng/2T1_Group_12/wish/259134187 2018-05-09 02:08:04 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/259134187 https://padlet.com/lam_chen_peng/2T1_Group_12/wish/259134739 2018-05-09 02:11:13 UTC https://padlet.com/lam_chen_peng/2T1_Group_12/wish/259134739