ADDITIONAL MATHEMATICS PROJECT WORK 2007

FORM 5
Ang, Bakar and Chandran are friends and they have just graduated from a local
university. Ang works in a company with a starting pay of RM2 per month. Bakar is a
sales e!ecutive whose income depends solely on the commission he receives. "e earns a
commission of RM# for the first month and this commission increases $y RM# for
each su$se%uent month. &n the other hand, Chandran decided to go in $usiness. "e opens
a caf' and makes a profit of RM# in the first month. (or the first year, his profit, in
each su$se%uent is )* more than that of the previous month.
+n second year, Ang receives a #* increment in his monthly pay. &n the other
hand, the commission received $y Bakar is reduced $y RM) for each su$se%uent month.
+n addition, the profit make $y Chandran is reduced $y #* for each su$se%uent month.
#. ,a- "ow much does each of them receive at the end of the first year.
,/wo or more methods are re%uired for this %uestion.-
,$- 0hat is the percentage change in their total income for the second year
compared to the first year. Comment on the answers
,c- Ang, Bakar and Chandran, each decided to open a fi!ed deposit account of
RM# for three years without any withdrawal
Ang keeps the amount at an interest rate of 2.)* per annum for a
duration of # month renewa$le at the end of each month
Bakar keeps the amount at an interest rate of 1* per annum for a
duration of 1 months renewa$le at the end of every 1 months
Chandran keeps the amount at an interest rate of 1.1* per annum
for a duration of 2 months renewa$le at the end of every 2 months
,i- (ind the total amount each of them will receive after three years
,ii- Compare and comment on the difference in the interests received. +f you
were to invest RM# for the same period of time, which fi!ed deposit
account would you prefer. 3ive your reasons
#
Further Expl!t"#!$
2 ,a- 0hen Chandran4s first child, 5ohan is $orn, Chandran invested RM1 for him at
6* compound interest per annum. "e continues to invest RM1 on each of
5ohan4s $irthday, up to including his #6
th
$irthday. 0hat will $e the total value of
the investment on 5ohan4s #6
th
$irthday.
,$- +f Chandran starts his investment with RM) instead of RM1 at the same
interest rate, calculate on which $irthday will the total investment $e more than
RM2) for the first time.
7ote8 Compound interest is interest earned during a period calculated on the $asis of the
original sum together with interest earned from the previous periods.
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NAME : MOHAMAD HAFIS FAUZAN
BIN MOHAMAD HANIF LOO
CLASS : 5 COKMAR 1
I/C NO : 901104 06 5721
ANGKA GILIRAN : CL001A004
GUIDELINE TEACHER : UAN SITI ZULIFAH BINTI BEDU
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INTRODUCTION!!!!!!!!!!!!!!!!"
RO#ECT $ORK %UESTIONS!!!!!!!!&4
RO#ECT $ORK ANS$ERS!!!!!!!!!6
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