PROGRAM PERSEDIAAN IJAZAH SARJANA MUDA

PERGURUAN (PPISMP)
AMBILAN JULAI 2008

Basic Mathematic
KERJA KURSUS PENDEK

Name:
WAN ABDUL AZIZ BIN WAN ABDULLAH

I/C No:
900115-03-6147

Unit:
PK (BM)/PS/PJ

Lecturer:
PUAN SAEDAH BINTI SUKIRAN

Submission Date:
15 SEPTEMBER 2008

CONTENTS
 LIST PAGES

QUESTION TASK i-
ii
CONTENTS
iii
PREFACE 1
INTRODUCTION
2
TYPES OF PERSONAL LOAN
3
• Formula of The Loan
4-9
MONTHLY BUDGET 10
• Percentage of Expenditure
11
• Pie of Expenditure
11
CALCULATION OF PAYMENT LOAN 12-13
• Bar Chart of Personal Loan
13
COMPARISON BETWEEN THREE BANK
14
REFLECTION 15
BIBLIOGRAPHY 16
ENCLOSURE 17-24
COLLABORATION FORM 25
 Alhamdulillah, thanks to God for giving this opportunity for me
to finished the Basic Math : Kerja Kursus Pendek task just about
time. This demanding task has giving me a lot of experiences
especially during dealing with the bank.

An appreciation is also should be given to PUAN SAEDAH BINTI

SUKIRAN who had helped me to solve the problem in a way to finish
this task. This task includes a lot of way to make a loan car on how to
calculate and plan it. Now I know a little knowledge about loaning a
car.

Thank you to all my friends for their support and cooperation during
the task. Your commitment has encourages me to finish the task.

Also, thanks to those who had involved in finishing this task.

Hopefully this work could satisfy everyone who involved. Thank you.
 A loan, in the financial sense, is the borrowing of money coupled with a
promise to repay the amount borrowed (principal). If the loan carries interest,
then the promise to repay would include interest payments as well as the
principal amount borrowed.

Basically, loan is one of the ways that always been used by many people
to buy car, home, motorcycle and others. Before we sign up the agreement, we
must know the step that is involve in the loan that may help us to save time and
at once avoid doubtful and restless. Loan is one of rent activities which involve
with thing you are rental and a company that subsidize that you want. The
properties will only transfer to you after settle all the installment.

A Personal Loan is usually unsecured and available for individuals. Key

features are fast approval and disbursement; and minimal legal documentation.
By preparing to make personal loan, with so many different package of bank. It
can be difficult to decide on the best package for you.
 Loan protection cover is an optional cover that will pay your loan
repayments if you are unable to work because of illness, injury or unemployment.
Loan sure protection will also protect your estate from repayment of the loan in
the unfortunate event of death (condition apply).

• Why do I need to make personal loan?

 I need to make a personal loan because I want to buy a car. The car that I
choose is Myvi 1.3SX P. White (Manual) AS3SX. The price of the car is
RM44300 on the road. I need to make a personal loan RM45000. I had
survey three personal loan package about in three different bank such as
Public Bank, Bank Simpanan Nasional (BSN) and Bank Islam.

Types of Personal Loans

TYPES OF LOANS PAYMENT OF LOAN (1 MONTH)
BANK 7 YEARS 9 YEARS
INTEREST INTEREST
Public Bank RM 45,000.00 RM 750.00 RM 631.00
BSN RM 45,000.00 RM 752.00 RM 637.00
Bank Islam RM 45,000.00 RM 757.00 RM 638.00
Public Bank
7 Year

7 year = 84 month
84 month = RM 45,000.00
1 month = RM 45,000.00 / 84 month
= RM 536.00 *

Interest for one year = 5.70 %

7 year = 5.70 % X 7
= 39.90 %
7 year = 39.90 / 100 X RM 45,000.00
= RM 17,955.00
 1 month = RM 17,955.00 / 84
= RM 214.00 *

Total payment for one month

= RM 536.00 + RM 214.00
= RM 750.00 #

Public Bank
9 Year

9 year = 108 month

108 month = RM45,000.00
1 month = RM45,000.00 / 108
= RM 417.00 *

Interest for one year = 5.70 %

9 year = 5.70 % X 9
= 51.30 %
9 year = 51.30 / 100 X RM 45,000.00
 = RM 23,085.00
1 month = RM 23,085.00 / 108
= RM 214.00 *

Total payment for one month

= RM 417.00 + RM 214.00
= RM 631.00 #

BSN
7 year

7 year = 84 month
84 month = RM 45,000.00
1 month = RM 45,000.00 / 84
= RM 536.00 *

Interest for one year = 5.75 %

7 year = 5.75 % X 7
= 40.25 %
 7 year = 40.25 / 100 X RM 45,000.00
= RM 18,112.50
1 month = RM 18,112.50/ 84
= RM 216.00 *

Total payment for one month

= RM 536.00 + RM 216.00
= RM 752.00 #

BSN
9 Year

9 year = 108 month

108 month = RM 45,000.00
1 month = RM 54,000.00 / 108
= RM 417.00 *

Interest for one year = 5.85 %

9 year = 5.85 % X 9
= 52.65 %
9 year = 52.65 / 100 X RM 45,000.00
 = RM 23,692.50
1 month = RM 23,692.50 / 108
= RM 220 .00 *

Total payment for one month

= RM 417.00 + RM 220 .00
= RM 637.00 #

Bank Islam
7 year

7 year = 84 month
84 month = RM 45,000.00
1 month = RM 45,000.00 / 84
= RM 536.00 *

Interest for one year = 5.90 %

7 year = 5.90 % X 7
= 41.30 %
 7 year = 41.30 / 100 X RM 45,000.00
= RM 18,585.00
1 month = RM 18,585.00 / 84
= RM 221.00 *

Total payment for one month

= RM 536.00 + RM 221.00
= RM 757.00 #

Bank Islam
9 Year

9 year = 108 month

108 month = RM 45,000.00
1 month = RM 45,000.00 / 108
= RM 417.00 *

Interest for one year = 5.90 %

9 year = 5.90 % X 9
= 53.10 %
 9 year = 53.10 / 100 X RM 45,000.00
= RM 23,895.00
1 month = RM 23,895.00 / 108
= RM 221.00 *

Total payment for one month

= RM 417.00 + RM 221.00
= RM 638.00 #

MONTHLY BUDGET

RM RM
Basic Salary 2500
House Allowance 400
Cola Allowance 400
Civil Service Allowance (EKA) RM200 RM
Net Salary 3170
3500
(-)Expenditure
(-)Deduction
1. Food
KWSP 400
280
2. House
IncomerentTax 350
50
3. Electric and water bill 80 330
4. Telephone
Net Salary bill 30 3170
5. Transportation 200
6. Parents 150
Monthly 7. Tabung Haji Bank (saving) 200
Expenditure: 8. Others 150
1560
Balance 1610
(-)Personal Loan 750
Petrol 300
1050
Cash in Hand 560
Percentage of Expenditure:

Percentage
Expenditure Amount (RM) (%)
Food 400 12.6
House rent 350 11
Electric and water bill 80 2.5
Telephone bill 30 1
Transportation 200 6.3
Parents 150 4.7
Tabung Haji Bank (saving) 200 6.3
Others 150 4.7
Personal Loan 750 23.7
Petrol 300 9.5
Cash in Hand 560 17.7
JUMLAH 3170 100
 CALCULATION OF PAYMENT LOAN
(According to number of years)

A. Public Bank
i. Personal Loan for 7 Year
Net Salary = RM 3170
Personal Loan = RM 750
Percentage of Payment = RM 750 / RM 3170 × 100
= 23.66%

ii. Personal Loan for 9 Year

Net Salary = RM 3170
Personal Loan = RM 631
Percentage of Payment = RM 631 / RM 3170 × 100
 = 19.91%

B. BSN
i. Personal Loan for 7 Year
Net Salary = RM 3170
Personal Loan = RM 752
Percentage of Payment = RM 752 / RM 3170 × 100
= 23.72%

ii. Personal Loan for 9 Year

Net Salary = RM 3170
Personal Loan = RM 637
Percentage of Payment = RM 637 / RM 3170 × 100
= 20.09%

C. Bank Islam
i. Personal Loan for 7 Year
Net Salary = RM 3170
Personal Loan = RM 757
Percentage of Payment = RM 757 / RM 3170 × 100
= 23.88%

ii. Personal Loan for 9 Year

Net Salary = RM 3170
Personal Loan = RM 638
Percentage of Payment = RM 638 / RM 3170 × 100
= 20.13%
 COMPARISON BETWEEN PUBLIC BANK, BSN AND BANK ISLAM

Type of Personal Loan Public Bank BSN Bank Islam

Loans (RM) RM45,000 RM45,000 RM45,000
Payment of Loan 7 year RM750 RM752 RM757
9 year RM631 RM637 RM638
Annual Interest 7 year 5.7% 5.75% 5.9%
9 year 5.7% 5.85% 5.9%

Based on the table above, the payment of loan at Public Bank for one
month is RM750 (5.7%) when I make personal loan for 7 year and RM631 (5.7%)
for 9 year. Then, the payment of loan at BSN for one month is RM752 (5.75%)
when I make personal loan for 7 year and RM637 (5.85%) for 9 year. At Bank
Islam, the payment of loan for one month is RM757 (5.9%) when I make personal
loan for 7 year and RM638 (5.9%) for 9 year.
 So, I will make a personal loan from Public Bank with 7 years payment.
This is because, the payment of loan is much more cheaper compare to other
bank such BSN and Bank Islam. Apart from that, the annual interest for personal
loan at Public Bank is the lowest differ to other banks.

In addition, I choose to make a personal loan from the bank with 7 years
payment because the interest is low compared to 9 years payment. The interest
for 7 years is RM 17,955.00 whereas the interest for 9 years is RM 23,085.00.
Besides that, I can pay my debt with the bank in shorter time.

REFLECTION

During doing this coursework, I had gathered a lot of information about

making loans. Firstly, before doing this assignment, I had to go to several banks

and asking the bank officer about the brochure and some procedures about the

personal loans. It is the first time I doing such like that, so I feel so nervous,

excited, and enjoyed doing it.

Then, I had to go to a car selling center to have a brochure about buying a

car and surveyed a suitable car for new graduate teacher. I had to communicate

with the officer there about my task of this coursework to get a brochure about
buying a new car, and I feel excited to do that, because it was really a new

experience in my life.

After getting some brochures about personal loans and car prices, I

started doing this coursework. Thanks a lot to Puan Saedah because she had

helped me a lot in teaching how the loan was calculated. It is a wonderful

experience to know how the loan was calculated, because before this, I just

heard about the personal loan, but I was not really understand it is for and how it

was being calculated. So, doing this coursework giving me new knowledge and

experiences.

Thanks a lot to Puan Saedah and all of my friends on their helps during I

was doing this task. May all of us peace in Allah’s bless on our effort to gain our

knowledge with doing this coursework. Thank you.

BIBLIOGRAPHY

1. http : www.loan.com.my.
2. http : www.ambank.com.
3. http : www.carloan.com.
4. http : www.protonholdings.com.
5. http ://kudeed.tblog.com/post/1969953506
6. http://www.thefreedictionary.com/personal+loan
7. http://mangga.com/loan/