Group 8 2T1 Performance Task (New Taiwan Dollar) by

Group 8 2T1 Performance Task (New Taiwan Dollar) by https://padlet.com/lam_chen_peng/2T1_Group_8 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 05:03:39 UTC 2024-12-09 07:17:02 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Doubleheart.png lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193737 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 05:03:39 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193737 Show your workings here lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193738 S$1=22TWD
S$?=10000TWD
10000/22=454.545
=454.50]]> 2018-05-05 05:03:39 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193738 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193739 2018-05-05 05:03:39 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193739 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_8/wish/258193744 Show your workings below:
Step 1. Loan Repayment period is 3 years = XXX months
= 36 months

Step 2. Total amount of loan including interest =$15000 + $2364
= $17364

Step 3. Monthly instalment amount = $17364 X 36
= $625104

]]> 2018-05-05 05:03:39 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193744 Option 1: Bank ALI lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193745 5% Simple Interest
Work out how much you need to repay at the end of 3 years.
Show your workings below:Interest = prn

= 15000 X 5 X 3/100
=$2250

]]> 2018-05-05 05:03:39 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193745 Option 2: Bank BABA lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193746 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 + 5/100)3
=17364.40
Interest = 17364.40 - 15000
=2364

]]> 2018-05-05 05:03:39 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193746 Which bank gives us a better deal? and by how much? lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193747 Bank XXX by $YYY

$2364 - $ 2250 = $114

Bank BABA by $114]]> 2018-05-05 05:03:39 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193747 lam_chen_peng https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193748 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 05:03:39 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193748 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_8/wish/258193749 Your Turn
Show your currency conversion below. Click and work on the Google PowerPoint slide.]]> 2018-05-05 05:03:39 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/258193749 https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259129230 2018-05-09 01:34:31 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259129230 https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259130012 2018-05-09 01:39:16 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259130012 https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259131177 2018-05-09 01:46:49 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259131177 https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259131360 2018-05-09 01:48:08 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259131360 https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259131744 2018-05-09 01:50:50 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259131744 https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259132308 2018-05-09 01:55:03 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259132308 https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259133282 2018-05-09 02:02:11 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259133282 https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259134588 2018-05-09 02:10:15 UTC https://padlet.com/lam_chen_peng/2T1_Group_8/wish/259134588