3S2 - EXTEND for MM Final Task by Noorshakina Jemahat https://padlet.com/21noorshakina/zdxby94frzpm List down new ideas and information that you have obtained from this task. en-us 2017-02-27 00:40:03 UTC 2025-11-02 11:07:34 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Lovecookie.png Group 10 https://padlet.com/21noorshakina/zdxby94frzpm/wish/160506945

  • He has $940 a month to spend
  • He has $50 000 in his bank
  • Various loan schemes and requirements
  • Type of car and price (2nd hand)
  • Size of car/ number of seats
  • COE
  • Petrol 
  • Interest rate
  • Discounts
  • Insurance
  • Relative’s financial status and loan eligibility
  • Monthly installments 
]]> 2017-03-16 12:51:28 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/160506945 Group 1 https://padlet.com/21noorshakina/zdxby94frzpm/wish/160962657 p]]> 2017-03-19 02:16:05 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/160962657 Group 3 https://padlet.com/21noorshakina/zdxby94frzpm/wish/161145270 Important information about the task:
-$940 a month to pay off his loan
_$50000 in his bank that can be spent on the car
-Amount of time needed to pay off the loan
-Car to be bought (cheap)
Size (5 seater or more) type (brand), first or second hand.
-Suitable loan package, monthly instalment, and interest rate.
Cost of petrol
Plan B]]> 2017-03-20 12:43:50 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/161145270 Group 4 https://padlet.com/21noorshakina/zdxby94frzpm/wish/161479727 Information about the task we will use:
  • $940/month includes petrol (if we want then car park fees)
  • Car that fits at least 5 people (assume max no. of ppl in car when whole family goes out together)
  • calculate how often car is used (take in dist work to home, etc)
  • Average amount of money a family spends(mediocre) - $4000
  • Average car-parking fee - google

To find: 
  • suitable loan packages 
    • how long he needs to pay off his loan
]]> 2017-03-21 13:17:06 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/161479727 Group 8 https://padlet.com/21noorshakina/zdxby94frzpm/wish/161531171
  • Has a family of 5, including himself (Father, Mother and 3 children)
  • Has approximately $940 to spend on the car per month (after deducing monthly expenses)
  • Has a savings of $50 000 in the bank
  • Max Loan tenor
  • Interest rate
  • Cost of car
  • Number of seats
  • Type of car



    • ]]>     2017-03-21 14:59:39 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/161531171     Group 1 https://padlet.com/21noorshakina/zdxby94frzpm/wish/162385468 information:
    - family of 5
    - savings of $ 50000
    - $ 940 per month to spend
    to find:
    - type of car
    - capacity of car
    loan packages
    - cost of car
    - COE for car
    - other car services such as costs for petrol on average, cost of car servicing and repair in the event that the car breaks down

    Amanda, Celest, Sabrina, Kelly]]>     2017-03-24 12:34:53 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/162385468     https://padlet.com/21noorshakina/zdxby94frzpm/wish/162534986 2017-03-25 01:07:02 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/162534986 Group 9 https://padlet.com/21noorshakina/zdxby94frzpm/wish/162622802 Information given:
    1. Family of 5 - One Husband, One Wife and Three Children
    2. Money left to spend per month after deducting all monthly expenses is $940
    3. $50 000 bank savings
    4. Car has to be brand new
    5. Car loan has to be with relative’s budget
    6. Car loan package has to be from a financial institution

    Necessary research to solve problem:

    • Size of car based on family size
    • Charges included to owning a car 
    • Debt Repayment Scheme (DRS)
    • Certificate of Entitlement (COE) price
    • PARF or COE car would be more suitable for relative
    • Financial institutions that offer car loans and their interest rates
    • Prices of various cars of different brands 
    • Car maintenance price
    ]]>     2017-03-26 13:56:25 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/162622802     Group 5 https://padlet.com/21noorshakina/zdxby94frzpm/wish/162629373 - number of seats: 5
    - he has savings of $50000
    - $940 per month
    - Car must be comfortable
    - Brand new
    - loan plan, interest plan, warranty
    - COE
    - safety features 
    - maintenance]]>     2017-03-26 15:27:34 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/162629373     Group 2 https://padlet.com/21noorshakina/zdxby94frzpm/wish/164135241 Information Given:
    - 5 people in the family
    - $940 to spend on the car
    - $50000 in the bank
    - New car
    - Car loan package for financial instituition

    Inferences made from information:
    - Car must be big enough to fit 5
    - Car must be within budget

    Things to consider:
    - COE
    - Petrol/ ERP/ Parking costs
    - Maintenance
    - Warranty
    - Do not want to use up all savings as relative might need it in case anything happens

    Research needed:
    - Suitable loan plan that fit within budget
    - Model of car needed (reasonable price]]>     2017-04-02 00:45:52 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/164135241     Group 7 https://padlet.com/21noorshakina/zdxby94frzpm/wish/165134807 Information Given:
    1) 5 people in the family
    2) Has $940/month to spend on the car
    3) $50,000 in hand
    4) Wants a new car
    5) Wants to get a loan from financial institution

    Factors to consider:
    -COE
    -road tax
    -cost of car
    -monthly installment, interest rate
    -cost of fuel
    -cost of maintenance (fuel, servicing, fees)
    -model of car 
    -seating capacity of car
    -fuel consumption of car

    ]]>     2017-04-06 13:38:05 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/165134807     Group 6 https://padlet.com/21noorshakina/zdxby94frzpm/wish/165531757 Information: 
    1. 5 people in the family
    2. Has $50000 savings
    3. $940 per month
    4. Wants a new car

    To consider:
    1. COE
    2. Taxes
    3. Cost of petrol, ERP, parking
    4.Maintenance/ repair
    5. insurance


    ]]>     2017-04-09 02:38:19 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/165531757     Group 4 (extended) https://padlet.com/21noorshakina/zdxby94frzpm/wish/165685878 Things we learnt about from this mm task:
    - CEO 
    - ARF
    - different interest rates of different banks
    - maximizing the amount of money you have to choose  the best suitable options and choices which serve all your needs. (real-world problem solving)

    ]]>     2017-04-10 14:36:22 UTC https://padlet.com/21noorshakina/zdxby94frzpm/wish/165685878