PFC 604- Attachment 2 SCHEME OF WORK TWINTECH COLLEGE SARAWAK PROGRAMME: UTM GROUP: MT1 SUBJECT: BUSINESS MATHEMATICS CODE: DDG 1113 WEEK 1 2 3 LEARNING OUTCOMES LESSON CONTENT Student will be able to: Ice Breaking Activities a) Understand & apply the concept of - Review on the course structure, scheme Arithmetic Sequence of work and students’ questionnaire. b) Compute & obtain the Nth term & sum of first n terms and an arithmetic CH: 1 ARITHMETIC & GEOMETIRC sequence SEQUENCE c) Understand & apply the concept of Geometric sequence - Arithmetic sequence d) Compute & obtain the Nth term & sum if - Nth term and sum of first n terms and an a geometric sequence arithmetic sequence - Geometirc sequence - Nth term and sum of first n terms of a geometric sequence TEACHING RESOURCES 1. 2. 3. 4. 5. 6. Course Structure from Master File SOW and student questionnaire Masterfile Reference book Whiteboard Tutorial paper ASSESSMENT OPPORTUNITIES 1. 2. 3. Q&A Tutorial Discussion 1. 2. 3. 4. 5. Q& A Tutorial Discussion Quiz Assignment CHINESE NEW YEAR BREAK Student will be able to: CH 2: SIMPLE INTEREST a) Understand & apply the concept of - Interest Simple Interest - Simple interest formula b) Compute & obtain the simple interest, - Simple amount formula simple amount & present Value - Four basic concepts c) Understand & apply the concept of - Present value equation of value - Equation of value Assignment 1 Quiz 1 1. 2. 3. 4. 5. 6. Masterfile Reference Book Whiteboard Tutorial peper Quiz 1 paper Assignment 1 paper PFC 604- Attachment 2 4 Student will be able to: a) Understand & apply the concept of compound interest b) Compute & obtain the compound interest & present value CH 3: COMPOUND INTEREST - Time value of money - Compound interest - Some important terms - Compound interest formula - Effective, nominal and equivalent rates 1. 2. 3. 4. Masterfile Reference book Whiteboard Tutorial Paper 1. 2. 3. Q&A Tutorial Discussion 5 Student will be able to: a) Understand the relationship between rates b) Understand & apply the concept of effective, nominal & equivalent rates c) Understand & apply the concept of equation of value & continuous compounding. . CH 3: COMPOUND INTEREST - Relationship between effective and nominal rates - Present value - Equation of value - Continuous compounding 1. 2. 3. 4. 5. Masterfile Reference book Whiteboard Tutorial Paper Test 1 paper and answer sheet 1. 2. 3. 4. Q&A Tutorial Discussion Test Test 1 in progress 6 Student will be able to: CH 4: ANNUITY a) Understand & apply the concept of - Future value of ordinary annuity certain future value of ordinary certain & Present Value of ordinary annuity certain present value if ordinary annuity certain 1. 2. 3. 4. Masterfile Reference book Whiteboard Tutorial Paper 1. 2. 3. Q&A Tutorial Discussion 7 Student will be able to: a) Compute & solve for R, n & I b) Construct an Amortization Schedule c) Understand & apply the concept of sinking fund d) Compute & obtain annuity with continuous compounding 1. 2. 3. 4. 5. Masterfile Reference book Whiteboard Tutorial 2 Paper Assignment 2 paper 1. 2. 3. 4. 5. Q&A Tutorial Discussion Quiz Assignment 1. 2. 3. Q&A Tutorial Discussion CH 4: ANNUITY - Solving for R, n and I - Amortization schedule - Skinking fund - Annuity with continuous compounding Assignment 2 Quiz 2 8 9 MID SEMESTER BEARK Student will be able to: a) Understand & apply the concept of trade discount & chain discount b) Compute & obtain the trade discount, chain discount, net price & list price CH 5: TRADE AND CASH DISCOUNT - Trade discount - Chain discount 1. 2. 3. 4. Masterfile Reference book Whiteboard Tutorial paper PFC 604- Attachment 2 10 Student will be able to: CH 5: TRADE AND CASH DISCOUNT a) Compute & obtain the Single discount - Discussion on test 1 answer equivalent - Single discount equivalent b) Understand & apply the concept of - Cash discount cash discount & partial payment invoice - Partial payment invoice 1. 2. 3. 4. 5. Masterfile Reference book White board Tutorial paper Test 2 paper and answer sheet 1. 2. 3. 4. Q&A Tutorial Discussion Test 1. 2. 3. 4. Masterfile Reference book Whiteboard Tutorial paper 1. 2. 3. Q&A Tutorial Discussion Test 2 in progress 11 Student will be able to: a) Understand & apply the concept of Markup and Markdown b) Compute & obtain the markup percent, profit & loss c) Solve the convertion of markup percent 12 Student will be able to: CH 7: PROMISSORY NOTE a) Understand the features of promissory - Promissory Notes notes - Bank discount b) Compute & obtain the bank discount Quiz 3 1. 2. 3. 4. 5. Masterfile Reference book Whiteboard Tutorial paper Quiz 3 paper 1. 2. 3. 4. Q&A Tutorial Discussion Quiz 13 Student will be able to: a) Understand & apply the concept of installment purchase, interest charge based on original balance & interest charge based in reducing balance. 1. 2. 3. 4. 5. Masterfile Reference book Whiteboard Tutorial paper Test 3 Paper and answer sheet 1. 2. 3. 4. Q& A Tutorial Discussion Test 1. 2. 3. 4. Masterfile Reference book Whiteboard Tutorial Paper 1. 2. 3. Q&A Tutorial Discussion CH 6: MARKUP AND MARKDOWN - Markup - Markup percent - Convetion of markup percent - Markdown - Profit and loss CH 8: INSTALLMENT PURCHASE - Installment purchase - Interest charge based on original balance - Interest charge based on reducing balance - Unequal installment payment and repayment schedules - Rules 78 in Hire Purchase Act (1967) Test 3 in progress 14 Student will be able to: CH 8: INSTALLMENT PURCHASE a) Construct the repayment schedules - Unequal installment payment and repayment schedules b) Compute & obtain unequal installment - Rules 78 in Hire Purchase Act (1967) payment c) Understand the concept of Rule of 78 PFC 604- Attachment 2 15 16 Student will be able to: a) Understand the meaning of depreciation b) Explain the difference in the various depreciation method c) Compute annual depreciation, accumulated depreciation and book value d) Construct a depreciation schedule CH 9: DEPRECIATION - Straight Line Method - Declining balance method - Sum of years digits method Prepare for the final examination - Revision Week 17-18 Prepared By: Leong Choi Meng Date: 22/12/2008 Quiz 4 Final Examination Reviewed By HOA: Date: 1. 2. 3. 4. 5. Masterfile Reference book Whiteboard Tutorial Paper Quiz 4 paper 1. 2. 3. 4. Q&A Tutorial Discussion Quiz 1. Exercise from reference book and past year paper 1. 1. 2. Q&A Peer to peer learning Creative problem solving Approved By AM: Date:
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