MAT112 WEEK 4
10 - 16 APRIL 2023
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Kuliah 1: 30 Mac - 24 May 2026
CHAPTER 2: MATHEMATICS APPLICATION IN FINANCE
Topic: Promissory Note & Bank Discount
PLEASE TAKE NOTE THAT, FOR TOPIC PROMISSORY NOTE & BANK DISCOUNT ALWAYS USE BANKER'S RULE (Exact Time & Ordinary Simple Interest) IN THE CALCULATION OF TIME (if given in number of days) ππΌ t/360
First Class:Β
LEARNING OBJECTIVE 1:
Β Students need to know the concept of promissory note and its main features.
ππΌ Refer Pg. 42 - 43
ππΌ Watch Video V1W4 (from start until minute 21:44)
ππΌ Do Example 4 Pg. 43
ππΌ Do Exercise 6, No. 1, 2, 3 Pg. 44
Video V1W4: Promissory Note & Bank Discount
LEARNING OBJECTIVE 2:
Students need to know how to calculate bank discount (D), proceeds (Pr.) and maturity value (S).
ππΌ Refer Pg. 45 - 46
ππΌ Watch Video V1W4 (from minute 21:45 until minute 50:09)
ππΌ Do Exercise 7 Pg. 46
Second Class:Β
LEARNING OBJECTIVE 3:
Students need to know how to calculate simple interest rate (r) equivalent to bank discount rate (d).
ππΌ Refer Pg. 47 - 48
ππΌ Watch Video V1W4 (from minute 50:10 until end of video)
ππΌ Do Exercise 9, No. 1, 2, 3,4 Pg. 47 - 48
Video V2W4: Examples with Solution
EXTRA EXERCISE:
Do Exercise 9 (No. 1 - 10) Pg. 49 - 50
ππΌ Watch Video V2W4 for answer with explanation.
ππΌ Refer attachment 'Answer Exercise 9 (Promissory Note & Bank Discount)' as attached below.
Answer Exercise 9 - Promissory Note & Bank Discount.pdfDiscussion Online Class Week 4
MAT112 ODL3 Week 4 Discussion.pdfPage updated
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