MAT111 WEEK 11
21 - 27 JUNE 2021
Kuliah 2: 3 June - 12 July 2026
21 - 27 JUNE 2021
CHAPTER 4: INSTALLMENT PURCHASE
Topic: Installment Purchase (Interest Based on Reducing Balance)
Video V1W11: Installment Purchase (Interest Based on Reducing Balance)
LEARNING OBJECTIVE 1:
Students need to know how to calculate interest based on reducing balance method.
👉🏼 Refer Pg. 17 - 20
👉🏼 Watch Video V1W11 (from start until minute 11:14)
👉🏼 Do Example 2, 3, 4, 5 (Pg. 19 - 20)
NOTE:
Please skip topic Rule of 78 (from minute 11:17 until minute 17:31).
This topic is excluded in MAT111 syllabus.
EXTRA EXERCISE:
👉🏼 Do Exercise 2 (No. 1, 2, 5, 8, 10) Pg. 21 - 22