MONTHLY BUDGET

SALARY: TYPE Basic Salary House Allowance COLA Allowance Public service Allowance TOTAL AMOUNT RM 2500.00 RM 400.00 RM 400.00 RM 200.00 RM 3500.00

DEDUCTION: TYPE KWSP Income Tax TOTAL AMOUNT EXPEND RM 280.00 RM 50.00 RM 330.00

NET SALARY : Total Salary Total Deduction Net Salary = RM 3500.00 = RM 330.00 =RM 3170.00

MONTHLY EXPENDITURE
TYPE Net Salary House rent Foods Bills Wears Saving For Parents Petrol Others Balance AMOUNT EXPEND RM 3170.00 RM 400.00 RM 300.00 RM 150.00 RM 200.00 RM 350.00 RM 300.00 RM 500.00 RM 200.00 RM 770.00

BALANCE = RM 770.00 -CAR LOAN = RM 650.00 TOTAL = RM 120

PERCENTAGE OF EXPENDITURE
EXPENDITURE House Rent Foods Bills Wears Saving For Parents Others Car Loan Petrols Balance AMOUNT PAID RM 400.00 RM 300.00 RM 150.00 RM 200.00 RM 350.00 RM 300.00 RM 200.00 RM 650.00 RM 500.00 RM 120.00 PERCENTAGE ( % ) 12.62 9.46 4.73 6.31 11.04 9.46 6.31 20.50 15.77 3.79

P E R C E N T A G E O F E X P E N D IT U R E ( % )

Hous e Rent 1 5 .77 % 3 .7 9 % 1 2 .6 2 % 9 .46 % 4.73% F oods B ills W e a rs S a vin g F o r P a ren ts 2 0 . 50 % 6.31% 9 .4 6 % 6. 3 1 % 1 1 .0 4 % O th e rs C a r L o an P e t ro ls B a la n c e

LIST OF CAR LOAN

CAR PRICE DEPOSIT 10% RM 4, 735.80 RM 240.00 RM 4, 700.00 LOAN 90% 7 YEARS 9 YEARS RM 526.00 3.88% RM 503.00 3.99% RM 531.00 3.99% MYVI 1.3EZ RM 46, 835.80 SAVVY RM 40, 240.00 RM 42, 100.00 RM 637.00 3.88% RM 40, 000.00 RM 605.00 3.78% RM 42, 200.00 RM 638.00 3.88%

PROTON RM 46, 900.00 SAGA 1.3AT

MYVI 1.3EZ 7 YEARS 7 years = 84 month 84 month = RM 42, 100.00 1 month = RM 42, 100.00 / 84 = RM 501.00 Interest of one year = 3.88% 7 years = 3.88 % X 7 = 27.16 % 7 years = 27.16 /100 X RM 42, 100.00 = RM 11, 434.36 1 month = 11, 434.36 / 84 = RM 136.00 Total payment for a month : RM 136.00 + RM 501.00 = RM 657.00 9YEARS 9 years = 108 month 108 month = RM 42, 100.00 1 month = RM 42, 100.00 / 108 1 month = RM 390.00 Interest of one year: 3.88 % 9 years : 3.88 % X 9

: 34.92 % 9 years : 34.92 /100 X RM 42, 100.00 : RM 14, 701.32 1 month : 14, 701.32 / 108 :RM 136.00 Total payment fo a month RM 136.00 + RM 390.00 = RM 526.00 SAVVY 7 YEARS 7 years = 84 month 84 month = RM 40,000.00 1 month = RM 40, 000.00 / 84 = RM 476.00 Interest of one year = 3.78% 7 years = 3.78 % X 7 = 26.44 % 7 years = 26.44/100 X RM 41, 300.00 = RM 10920.00 1 month = 10920.00 / 84 = RM 130.00 Total payment for a month : RM 476.00 + RM 130.00 = RM 606.00 9YEARS 9 years = 108 month 108 month = RM 40, 000.00 1 month = RM 40, 000.00 / 108 1 month = RM 370.00 Interest of one year: 3.99 % 9 years : 3.99 % X 9 : 35.91 % 9 years : 35.91 /100 X RM 40, 000.00 : RM 14, 364.00 1 month : 14, 364.00 / 108 :RM 133.00

Total payment fo a month RM 370.00 + RM 133.00 = RM 503.00

SATRIA NEO LITE 1.6 7 YEARS 7 years = 84 month 84 month = RM 42,200.00 1 month = RM 42, 200.00 / 84 = RM 502.00 Interest of one year = 3.88% 7 years = 3.88 % X 7 = 27.16 % 7 years = 27.16 /100 X RM 42, 200.00 = RM 11217.08 1 month = 11461.52 / 84 = RM 136.00 Total payment for a month : RM 502.00 + RM 136.00 = RM 638.00 9YEARS 9 years = 108 month 108 month = RM 42, 200.00 1 month = RM 42, 200.00 / 108 1 month = RM 391.00 Interest of one year: 3.99 9 years : 3.99 X 9 : 35.91 % 9 years : 35.91 /100 X RM 42, 200.00 : RM 15, 154.02 1 month : 15, 154.02 / 108 :RM 140.00 Total payment fo a month RM 391.00 + RM 140.00 = RM 531.00

CAR LOAN
700 600 500 MONTHLY PAYM ENT (RM) 400 300 200 100 0 7 YEARS 9 YEARS MYVI 637 526 SAVVY 605 503 SATRIA 638 538 7 YEARS 9 YEARS

9 year s

7 y a er s

3 .7 8 % 3 .9 9 % 3 .8 8 % MY V I SA V V Y S A T R IA N E O 3 .9 9 % 3 .8 8 % 3 .8 8 % MY V I SA V V Y S A TR IA N EO

PERCENTAGE OF MONTHLY PAYMENT FOR 7 AND 9 YAERS

COMPARISON BETWEEN MYVI, SAVY, SATRIA NEO

CAR

PRICE

DEPOSIT 10% RM 4, 735.80 RM 240.00 RM 4, 700.00

LOAN 90%

7 YEARS

9 YEARS RM 526.00 3.88% RM 503.00 3.99% RM 538.00 3.99%

MYVI 1.3EZ RM 46, 835.80 SAVVY SATRIA NEO RM 40, 240.00 RM 46, 900.00

RM 42, 100.00 RM 637.00 3.88% RM 40, 000.00 RM 605.00 3.78% RM 42, 200.00 RM 638.00 3.88%

Every month in 7 years, buyer of Proton Saga need to pay RM 638.00 a month with interest 3.88%,. Compare to Myvi car, the buyer just need to pay RM 637.00 with interest the same interest of Proton Satria Neo 3.88%. But Savvy is the chepeast, which is RM 605.00 with the lowest interest then both cars, 3.78 %. For the 9 years , buyer of Satria Neo car have to pay RM 538.00 with interest 3.99% a month. While Myvi car, the buyer need to pay RM 526.00 with enterest 3.88% a month. Satria Neo car show the lowest price to be paid a month, RM 503.00 even the interest as high as Satria Neo car, 3.99%. CONCLUSION From the comparison above, I rather to choose Savvy as my car and I will pay for that in 7 years. The reason is, Savvy car have the lowest price of monthly payment compare to Satria Neo car and Myvi car. My budget to paid monthly for my car is RM 650.00. So, the balance that left , I can use it for the other things.

REFLECTION
While doing this task, I had learn to find about how to buy a car. From my first opinion, to buy a car is very complicated . After doing this task, I had learn something and I know, to buy the car is such a simple. Beside that,from this task, I get some information about the loan of the car. If some one asking me about that, I am sure I can answer it clearly . I also learn on how to calculate the interest and monthly payment of the. The formula from my task was helping mie a lot on solving problem about interest and monthly payment. Lastly, I am very glad having this task because it show me lot of information on buying a car.

CALCULATION OF THE PAYMENT LOAN

MYVI (7 YEARS) NET SALARY = RM 3, 170.00 CAR LOAN = RM 637.00 PERCENTAGE = CAR LOAN/NET SALARY X 100 = RM 643.00/RM 3, 170.00 X 100 = 20.28 % (9 YEARS) NET SALARY = RM 3, 170.00 CAR LOAN = RM 526.00 PERCENTAGE = CAR LOAN/NET SALARY X 100 = RM 526.00/RM 3, 170.00 X 100 = 16.59% SAVVY (7 YEARS) NET SALARY = RM 3, 170.00 CAR LOAN = RM 605.00 PERCENTAGE = CAR LOAN/NET SALARY X 100 = RM 605.00/RM 3, 170.00 X 100 = 19.09 % (9 YEARS) NET SALARY = RM 3, 170.00 CAR LOAN = RM 503.00 PERCENTAGE = CAR LOAN/NET SALARY X 100 = RM 503.00/RM 3, 170.00 X 100 = 15.87 %

SATRIA NEO (7 YEARS) NET SALARY = RM 3, 170.00 CAR LOAN = RM 638.00 PERCENTAGE = CAR LOAN/NET SALARY X 100 = RM 638.00/RM 3, 170.00 X 100 = 20.12 % (9 YEARS) NET SALARY = RM 3, 170.00 CAR LOAN = RM 538.00 PERCENTAGE = CAR LOAN/NET SALARY X 100 = RM 538.00/RM 3, 170.00 X 100 = 16.97 % CAR LOAN
700 600 500 400 MONTHLY PAYMENT (RM ) 300 200 100 0 7 YEARS 9 YEARS MYVI 637 526 SAVVY 605 503 SATRIA 638 538

7 YEARS 9 YEARS

INSTITUT PERGURUAN TUN HUSSEIN ONN, BATU PAHAT, JOHOR.

KERJA KURSUS PENDEK (BASIC MATHEMATICS)

NAMA PELAJAR NO. KAD PENGENALAN KUMPULAN UNIT TARIKH SERAHAN

: WAN AHMAD HAZMI BIN A RAHIM : 900126-03-5545 : PK (BM)/PS/PJ : PPISMP AMBILAN JULAI 2008 : 15 SEPTEMBER 2008

PENSYARAH PEMBIMBING : PUAN SAEDAH BINTI SUKIRAN

BIBLIOGRAPHY