COMMERCE DEPARTMENT

DPB 20053: BUSINESS MATHEMATICS

END OF CHAPTER: INTEREST (CLO 2) & (CLO 3)
SESSION: JUNE 2020
PROGRAMME: _____________

Description: End-of-chapter problems are used to reinforce and apply some concepts and skills
learned in the classroom. For DPB20053- students need to apply accurately the business mathematical
concepts and formulation in solving management problem issue and clarify precisely the concept of
interest on financial and business practices in Malaysia.

Scenario

Alif and his wife are planning for their next phase of their new family. Alif work as an engineer in a
multinational company with an income RM6,500.00 per month. His wife, had just started working a
year ago as a clerk, where she earns RM1,800 per month. Hence, their total income are the only
source they have in starting their new life. Now they are renting a house cost RM700 per month.

Alif wish to buy a house and his wife want to buy a car for her daily use. For the house, Alif can effort
to pay 10% for the deposit. While his wife want to use the full loan for the car. Alif wish he could settle
his wife’s car loan after 4 years of payment.

You as a financial planner are asked to advise Alif and his wife in making the right choice. Show Alif
and his wife to select a new car plus the rebate for early payment and the house that suitable for
Alif can effort with his salary with detail calculation. Your group need to submit the complete
workings paper. You may choose any models for the car and any types of house that suit their needs
and within their monthly budget.

In applying the concepts and skills, you are required to follow the instructions given.

1. Form a group with 2 person per group

2. Every group need to submit the plan with complete workings including, the latest price of the
car and the house, deposit required, instalment payments, the payback period and other
details needed in performing the calculation. (Please select 2 financial institution for
comparing analysis)
3. Make sure the total monthly expenses is not exceeding their income and reasonable for them
as they also have other daily and monthly expenses.
4. Your report must consist;
a. The cover page with the group name
b. Rubric for marking schema
c. The detail planning with complete workings calculation
d. Attached brochures, pamphlets, loan payment scheduled, or any form of
information that helps you in making the plan.
e. Attached the broachers for house that helps you making the plan
f. Date of submission: by email/CIDOS, in PDF format - week 13 (11 Nov. 2020)

If you can’t fly, then run; If you can’t run, then walk;
If you can’t walk, then crawl; Even if you have to crawl, gear up!!
Course Code and Name: ___________________________________________

CLUSTER 3c RUBRIC: DIGITAL & NUMERACY SKILLS

SUB ATTRIBUTE POOR FAIR SATISFACTORY GOOD EXCELLENT

ATTRIBUTE WEIGHTAGE (1-2) (3-4) (5-6) (7-8) (9-10) MARKS

DIGITAL AND • Poorly use of digital • Fairly use of digital • Satisfactorily use of • Good use of digital • Excellently use of
NUMERICAL application, thus application, thus digital application, application, thus digital application, thus
seeking of descriptions seeking of descriptions thus seeking of seeking of descriptions seeking of descriptions
DATA
of different data types of different data types descriptions of of different data types of different data types
or scales very rarely or scales rarely different data types or or scales mostly or scales entirely
appropriate. appropriate. scales sometimes appropriate. appropriate.
DATA COLLECTION 1* appropriate. • Able to differentiate or • Able to differentiate or /10*
• Able to differentiate or • Able to differentiate or
define between original define between original • Able to differentiate or define between original define between
and derived data with 8 and derived data with 6 define between and derived data with 2 original and derived
or more mistakes. or 7 mistakes. original and derived or 3 mistakes. data with 0 or 1
data with 4 or 5 mistake.
mistakes.
• Failure to recognize, • Able to recognize, select • Able to recognize, • Able to recognize, • Able to recognize,
select and apply and apply appropriate select and apply select and apply select and apply
appropriate model# for model# for appropriate model# appropriate model# appropriate model#
the situation due to no the situation with for the situation with for the situation with for the situation with
competency. minimum competency moderate competency above average high competency
MODEL • Little knowledge or level. level. competency level. level.
1* /10*
APPLICATION understanding of the • Limited knowledge or • Average knowledge • Above average • Excellent
range of model# understanding of the and understanding of knowledge and familiarization with
available. range of model# the range of model# understanding of the knowledge and
available. available. range of model# understanding of the
available. range of model#
available.

If you can’t fly, then run; If you can’t run, then walk;
If you can’t walk, then crawl; Even if you have to crawl, gear up!!
 • Hardly perform data • Fairly perform data • Moderately perform • Competently perform • Expertly perform data
manipulations or manipulations and data manipulations and data manipulations manipulations and
organize data into organize data into organize data into and organize data into organize data into
graphic/numeric/text graphic/numeric/text graphic/numeric/text graphic/numeric/text graphic/numeric/text
forms as per task forms as per task forms as per task forms as per task forms as per task
requirements. requirements. requirements. requirements. requirements.
DATA • Show inability to • Show ability to • Show ability to • Show ability to • Show ability to
2* construct any data construct simple data construct data construct complete construct complex data /20*
MANIPULATION
displays^ from set of displays^ from set of displays^ from set of data displays^ from displays^ from set of
data. data. data. set of data. data.
• Very rarely able to • Rarely able to • Sometimes able to • Usually able to • Always able to
distinguish between the distinguish between the distinguish between distinguish the range distinguish the range
range of data available. range of data available. the range of data of data available. of data available.
available.

• Make no (0) inference • Make 1 inference • Make 2 inferences • Make 3 inferences • Make more than 3
consistent with any consistent with few consistent with some consistent with most inferences consistent
data displays^ lead to data displays^ lead to data displays^ lead to data displays^ lead to with all data displays^
misunderstanding. minimum moderate better understanding. lead to much better
INTERPRETATION 2* • Explain the inferences understanding. understanding. • Explain the meaning of understanding. /20*
without appropriate • Explain the inferences • Explain the inferences the data and relate it • Explain clearly in own
context. within a limited within a suitable to appropriate context. language the meaning
context. context. of the data and relate it
to accurate context.
• Never identify and • Occasionally identify • Sometimes identify • Frequently identify and • Very frequently identify
apply appropriate and apply appropriate and apply appropriate apply appropriate and apply appropriate
format+ to solve format+ to solve format+ to solve format+ to solve format+ to solve
PROBLEM problems. problems. problems. problems. problems.
SOLVING 2* • Attain less than 60% of • Attain between 60% • Attain between 70% • Attain between 80% • Attain more than 89% /20*
DIGITAL AND format accuracy in and 69% of format and 79% of format and 89% of format of format accuracy in
NUMERICAL problem solving. accuracy in problem accuracy in problem accuracy in problem problem solving.
DATA solving. solving. solving.

If you can’t fly, then run; If you can’t run, then walk;
If you can’t walk, then crawl; Even if you have to crawl, gear up!!
 • Produce poor quality of • Produce fair quality of • Produce satisfactory • Produce good quality of • Produce excellent and
output with less than output between 60% quality of output output between 80% high quality of output
60% of accuracy of final and 69% of accuracy of between 70% and 79% and 89% of accuracy of with more than 89 of
answers (facts and final answers (facts and of accuracy of final final answers (facts and accuracy of final
figures). figures). answers (facts and figures). answers (facts and
• Overall results indicate • Overall results indicate figures). • Overall results indicate figures).
OUTPUT/ RESULTS 2* /20*
low level of digital and slightly low level of • Overall results indicate slightly high level of • Overall results indicate
numerical skills. digital and numerical average level of digital digital and numerical high level of digital and
skills. and numerical skills. skills. numerical skills.

TTOTAL MARKS /100

Note: * - weightage can be amended according to the courses but do ensure total marks still 100.
#
- model refers to either mathematical, statistical, graphical, financing, or etc.
^
- data displays refer to either graphs, charts, tables, statements, or etc.
+
- format refers to either computation format, graphical format (rescheduling, organizing information, finding optimal strategies), or etc.

If you can’t fly, then run; If you can’t run, then walk;
If you can’t walk, then crawl; Even if you have to crawl, gear up!!