Consumer Mathematics

Mrs Amni is a dealer who keeps a sum of money in the bank with the intention of issuing a cheque to pay the creditor.

What is the type of saving she made?

• Saving Account

• Current Account

• Fixed Deposit Account

Mr Duncan bought 4 000 units of Bank Ixora Berhad shares worth RM1.00 per share on the Kota Kinabalu Stock Exchange.

What is the type of investment that he made?

• Shares

• Unit Trust

• Real Estate

Malaysia practises dual banking systems. They are conventional banking system and Islamic banking system. Which of the following is NOT the characteristics of Islamic Banking?

• Based on Islamic law (syarak).

• Risk is managed according to the agreement.

• Involved usury.

• Does not specify rate of return on early stage of savings.

Marcella bought 2000 units of unit trust. The followings are the returns that she might get from her investment except

• Dividend

• Capital gain

• Commission

• Bonus share

Mr Bryan is thinking of buying a house for his investment. The followings are the factors that will affect the returns on his investment except

• Location.

• Economic situation.

• Social situation.

• Political situation.

Puan Athirah invested RM50 000 to buy shares. She is practicing cost averaging strategy in her investment. The followings are the advantages she gets from it except:

• the cost averaging strategy helped her to accumulate more shares.

• invest consistently on a the same amount of money without being influenced by emotions.

• when the stock price is low, more units of shares can be purchased.

• the risk of loss is high compare to investing lump sum.

Miss Zafirah was proposed by the bank to apply for credit cards. However, she is aware of the disadvantages of it. The followings are the disadvantages of credit cards except

• Incur charges such as annual fees, finance charges (interest), late payment charges, etc.

• Inconvenience of buying goods and services online.

• Exposed to overspending.

• Some stores do not accept credit payment.

Mr Vicarl wants to buy a car and has paid a deposit of RM4 800. The balance will be settled through a vehicle loan. What is the advantage of the vehicle loan.

• Does not require a lump sum payment.

• The car will be repossessed if instalments are not made.

• The total amount of repayment is high due to interest

Tags

CCSS.HSA.SSE.B.4

Mr Aron invested in unit trust, own company shares and at the same time invest on real estate by owning a homestay. Which of his investment, has a low liquidity level?

• Unit trust

• Company shares

• Real estate

Raidi, Hakeemi and Chris were having a coffee talk on investment. They figured out that their investment is different from each other. Raidi invests RM2000 every months in unit trust. Hakeemi owns a commercial lot in Beaufort. Meanwhile Chris owns a company shares.

Who's investment has high risk level?

• Raidi

• Hakeemi

• Chris