Page 116 - SK Year 5 Mathematics DLP

PURCHASING VIA CREDIT AND CASH

Andrew’s family bought the television via Carol’s family bought
cash. RM1 290 was paid in lump sum. the television via credit.
RM120.90 is to be paid
monthly for 12 months.

Cash RM1 290 1
RM1 290
RM 1 2 0.9 0
× 1 2
1
2 4 1 8 0
Credit RM120.90 + 1 2 0 9 0 0
monthly for 12 months RM1 450.80

VERSUS

PURCHASING VIA CASH PURCHASING VIA CREDIT
• Not in debt. • In debt.

• No interest. • Interest is imposed.

• Paying for the actual price. • Paying more than actual price.
• Payment is made in full • Payment via credit card and
cash or debit card. monthly instalment.

WHAT DO YOU WANT TO DO?

What do you want to do? (repeat twice) The money saved…

Do you want to save or invest? Receive the interest on the first
(repeat twice) year of saving... (repeat twice)

Help me with the savings and investment Yeay…the interest (repeat four times)
(repeat twice) Yes, yes, yes, yes... savings account

Let’s go to the bank… to the bank… Simple interest that’s the name
to the bank… Yes, yes, yes (repeat twice)
Asking for advice… for advice The money saved… the money saved
(repeat twice) Receive interest on the second year

Yes, yes, yes, yes… can save and invest of saving… (repeat twice)
(repeat twice) Yeay… compound interest

108 • Discuss the benefits of cash purchase compared to credit.
3.4.2 • Sing the What Do You Want To Do?” song using the tune of
Twinkle Twinkle Little Star”.