FACULTY OF BUSINESS, HOSPITALITY, ACCOUNTING, AND
FINANCE
ASSIGNMENT BRIEF
Programme Name BACHELOR IN BUSINESS ADMINISTRATION
Course Name BUSINESS MATAHEMATICS
Course Code QTY1013
Session/Semester AUGUST
2022
Course Leader
Name
NURUL RUZAINI BT
RAZAKI Assessment Type ASSIGNMENT
Internal Verifier
Name
ELIZA BINTI KORI @
ASSRI
Dean / Head of
School Name
DR SYRIAC NELLIKUNNEL
DEVASIA
Student Name Student ID
Student’s
declaration
I hereby certify that this assignment is my own work and where materials have been
used from other resources, they have been properly acknowledged. I also understand
I will face the possibility of failing the module if the content of this assignment is
plagiarized.
Signed: Date:
Feedback/Feedforward given by Lecturer
(Feedback to be provided within 2 weeks of deadline)
Feedback received by Student:
Comments by student:
Date:
Signature:
Coursework policies
1. All coursework submitted must include the signed coversheet
2. Students MUST keep a copy of all submitted work for reference purposes prior to the original
being handed in and returned. This will provide proof that the work was completed, in the event
that the work goes astray.
3. All work must be submitted in the mode instructed by the Course Leader.
4. Work submitted under the student’s ID must only be the work of that student. All information
sources must be acknowledged, by providing a reference to the source both within the text and in
the form of a reference list and/or bibliography at the end of the submission. Not to do so is
plagiarism, which is academic misconduct and will be dealt with as set out in the rules and
regulations of MAHSA University.
5. You should provide your word count at the end of your report or essay. This should exclude your
abstract, contents page, reference list and/or bibliography and appendices. You must not exceed
the permitted word count by more than 10%. If your work is significantly shorter, you will probably
have failed to provide the level of content required.
6. If you submit work after the submission deadline, you will fail in the coursework component.
However, the Course leader may comment on the quality of the work for learning purposes. The
only exception to this is if you experience very serious circumstances which prevented you
submitting your work on time, in which case you can apply for “extenuation”. For more
information, you may refer to your lecturer.
7. You must Turnitin your report. The maximum permitted level of Similarity index is 30%. But
ensure that a single or a few sources do not contribute to this 30%.
Grading Criteria Used To Assess Work
MARKS GRADE GRADE POINT STATUS
90-100 A+ 4.00 DISTINCTION PASS
80-89 A 4.00 (3.75)
75-79 A- 3.67 (3.75)
CREDIT
70-74 B+ 3.33
65-69 B 3.00
60-64 B- 2.67
55-59 C+ 2.33
PASS
50-54 C 2.00
45-49 C- 1.67 MARGINAL FAIL
40-44 D+ 1.33
FAIL
35-39 D 1.00
30-34 E 0.67
30 F 0.00
Marking criteria for report submission
Evaluation Criteria
Excellent
100%
Good
75%
Moderate
50%
Avera
ge
25%
Poor
0%
Question 1
16 – 20 14 – 15.9 12 – 13.9 9 – 11.9 0.9 - 8
Question 1 16 – 20 14 – 15.9 12 – 13.9 9 – 11.9 0.9 - 8
Question 1 16 – 20 14 – 15.9 12 – 13.9 9 – 11.9 0.9 - 8
Question 1 16 – 20 14 – 15.9 12 – 13.9 9 – 11.9 0.9 - 8
Question 1
16 – 20 14 – 15.9 12 – 13.9 9 – 11.9 0.9 - 8
TOTAL MARKS (100)
ASSIGNMENT BRIEF
1. Assignment Title: Business Mathematics in daily life
2. Course Learning Outcome (CLO):
CLO1: Evaluate business performance using arithmetic, geometric sequences, simple,
and compound interest.
CLO2: Solve problems related to trade and cash discounts and understand how these
discounts affect business decisions, costs, and cash flow strategies.
CLO3: Determine level of cost that cannot be exceeded in order to maintain required
profit and a competitive selling price.
CLO4: Determine changes in original selling price through mark ups and markdowns.
CLO5: Perform calculations dealing with the borrowing or lending of monies and
annuities
3. Scenario/Introduction/Background Information:
Business mathematics problem solving
4. Tasks:
QUESTION 1
Given the sequence 150, 275, 400, 525, ......, find:
a) The 10th term. (2 marks)
b) Sum of 10th term. (2 marks)
QUESTION 2
In an arithmetic sequence, the sum of the first twelve terms is 156 and the fourth term is 8.
Find:
a) The common different (d) and the first term (a). (2 marks)
b) The sum of the first tenth terms. (2 marks)
QUESTION 3
Kalimuthu borrows RM 7000 for 100 days at 9% per annum simple interest.
a) Calculate the amount at the end of 100 days. (2 marks)
b) Calculate the interest charged. (2 marks)
QUESTION 4
Find the interest earned for an investment if the accumulated amount at the end of six years
is RM 2412.66 and the interest rate given is 8% compounded quarterly. (4 marks)
QUESTION 5
RM 300 is deposited every month for 2 years 6 month at 12% compounded monthly.
a) Find the future value of this annuity at the end of the investment period. (3 marks)
b) Calculate the interest earned. (3 marks)
5. Information Sources:
Reference Books
1. Cheryl Cleaves, Margie Hobbs, Jeffrey J. Noble;(2011), Business mathematics , 6th Edition,
Cengage Learning
2. Stanley A.Salzmanl, Margie Hobbs, Jeffrey J. Noble ;(2016), Mathematics for Business 12th
Edition; Global Edition
6. Instructions to Students:
Structuring and formatting your submission
Your report should contain the following:
• Title Page, including the given title in full.
• Contents Page
• Introduction
• Main body, which should be organised into numbered sections under appropriate
headings.
• Conclusion
• Appendices, which should be numbered.
• Reference list/Bibliography
• Word count; excluding the Abstract, Contents page, appendices and reference
list/bibliography
• Please use the cover page provided by the lecturer
• Its compulsory to Turnitin your work
• Please adhere to Harvard referencing. For details refer to
https://www.citethisforme.com/harvard-referencing or
http://www.harvardgenerator.com/
Formatting the report
• The report should be word processed on A4 size paper with 12 font size, Times New
Roman, 1.5 spacing.
• Pages should be numbered.
• Your name should appear only on the cover page.
• Your student ID(s) should be included on every page as a header
Outcome – Assessment Mapping
No.
Learning
Outcomes
Assessment
Methods
CLO 1 CLO 2 CLO 3 CLO 4 CLO5 CLO6
1 Group Assignment / /
2 Presentation / /
3 Midterm /
4 Final Examination /
/