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ADDITIONAL
MATHEMATICS PROJECT
WORK

Title : Expenditure Bantuan Khas Awal
Persekolahan 1 Malaysia in Budget
2014

Name : Clarice Khoo Zhi Ying

Identity Card Number : 970423-01-6854

Exam Registration Number : JA017A005

Group Members : 1) Christine Na Sin Ee
2) Au Hwi Fei
3) Joan Lee Jia Xin

ADDITIONAL MATHEMATICS PROJECT WORK 2014

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CONTENT

Title Page
Content 1
Acknowledgement & Appreciation 2
Objective 3
Introduction 4 - 5
Part A 6 - 16
Part B 16 20
Part C 21 23
Further Exploration 24 25
Conclusion 26
Reflection 27 -28


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ACKNOWLEDGEMENT AND
APPRECIATION

I would like to express my gratitude and appreciation to all those who helped me to
complete this Additional Mathematics project for this year. Firstly, I would like to thank the
principal of SMK Convent Batu Pahat, Miss Tan Soo Soo, for giving me this opportunity to
do this project.

I would also like to say thank you to my Additional Mathematics teacher, Miss Hjh.
Roesita bt Hashim, for her guidance in order to complete this project. We had some
difficulties in doing this task, but she taught us patiently and gave us guidance throughtout
the journey until we know what to do.

I would like to thank my parents too because they supported me when I am doing this
project. With their cooperation I finish this project successfully. I also want to say thank you
to my team members, Christine Na, Au Hwi Fei, and Joan Lee for their patience, cooperation,
and for sharing their ideas. These helped me to complete my project as it was planned.

Last but not least, I want to appreciate those who helped me directly and also indirectly in
order for me to complete this project. Thank you so much for the endless help that all of you
gave to me. Thank you.


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OBJECTIVES
We, as the students taking Additional Mathematics are required to carry out a project work
while we are in Form 5. Upon completion of the Additional Mathematics Project Work, we
are to gain valuable experiences and able to:

1. Apply and adapt a variety of problem solving strategies to solve routine and non-routine
problems
2. Experience classroom environments which are challenging, interesting and meaningful and
hence improve their thinking skills
3. Experience classroom environments where knowledge and skills are applied in meaningful
ways in solving real-life problems
4. Experience classroom environments where expressing ones mathematical thinking,
reasoning and communication are highly encouraged and expected
5. Experience classroom environments that stimulates and enhances effective learning
6. Acquire effective mathematical communication through oral and writing, and to use the
language of mathematics to express mathematical ideas correctly and precisely
7. Enhance acquisition of mathematical knowledge and skills through problem- solving in
ways that increase interest and confidence
8. Prepare ourselves for the demand of our future undertakings and in workplace
9. Realises that mathematics is an important and powerful tool in solving real-life problems
and hence develop positive attitude towards mathematics.
10. Train ourselves not only to be independent learners but also to collaborate, to cooperate
and to share knowledge in an engaging healthy environment
11. Use technology especially the ICT appropriately and effectively
12. Train ourselves to appreciate the intrinsic values of mathematics and to become more
creative and innovative
13. Realises the importance and the beauty of mathematics


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INTRODUCTION
BANTUAN KHAS AWAL PERSEKOLAHAN 1 MALAYSIA
On 25 October 2013, the Prime Minister cum Finance Minister, Datuk Seri Najib Tun Razak
has approved an allocation of RM540 million for Bantuan Khas Awal Persekolahan 1
Malaysia while presenting the Budget Year 2014.All students from Year 1 to Form 5 for
2014 school session will receive RM 100 each. The purpose of the aid is to lighten the
financial burden of the students parents. Therefore, students are asked to prepare an
additional mathematics project by using statistics, linear law and mathematics reasoning to
perform the governments plan.
The History of statistics can be said to start around 1749 although, over time, there
have been changes to the interpretation of the word statistics. In early times, the meaning was
restricted to information about states. This was later extended to include all collections of
information of all types, and later still it was extended to include the analysis and
interpretation of such data. In modern terms, "statistics" means both sets of collected
information, as in national accounts and temperature records, and analytical work which
requires statistical inference.
Statistical activities are often associated with models expressed using probabilities,
and require probability theory for them to be put on a firm theoretical basis: see History of
probability.
A number of statistical concepts have had an important impact on a wide range of
sciences. These include the design of experiments and approaches to statistical inference such
as Bayesian inference, each of which can be considered to have their own sequence in the
development of the ideas underlying modern statistics.
There has three methods to represent the statistics which are histogram, frequency
polygon and orgive.


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Histogram is a graphical display of data using bars of different heights.
Example of histogram;

Frequency polygon, line graph is a drawn by joining all the midpoints of the top of
the bars of a histogram.
Example of frequency polygon;

The graph of the cumulative frequency distribution is better known as cumulative
frequency curve or Ogive.
Example of orgive;


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PART A
a) As a student receiving such aid, I will divide the money into a few parts. I will save 30% of the money
in the bank that is RM30. I will spend 40% of the money as on education. I will use this RM 40 wisely
by buying reference books, exercise books, stationery and etc. I will use 10% of the aid given for
entertainment. Another 20% that is RM 20, will be used to pay my tuition Photostat fees. The pie
chart below showed the ways I spent the aid.

b) Data on the amount of savings from 40 pupils of 5ST class receiving the Bantuan Khas Awal
Persekolahan 1 Malaysia.

Table 1.1:
Total Savings (RM) Number of Pupils
10 0
20 3
30 6
40 11
50 17
60 24
70 32
80 36
90 39
100 40

HOW I SPEND THE AID
Savings
Reference Books
Entertaiment
Tuition photostat fees

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Table 1.2:
Total Savings (RM) Number of Pupils
1-10 0
11-20 3
21-30 3
31-40 5
41-50 6
51-60 7
61-70 8
71-80 4
81-90 3
91-100 1

c) Based on the table above,
i) The data is represented by using three different statistical graphs based on the 2 tables
constructed.
Frequency polygon
Bar chart
Orgive

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1. Using FREQUENCY POLYGON based on Table 1.2.

0
1
2
3
4
5
6
7
8
9
5.5 15.5 25.5 35.5 45.5 55.5 65.5 75.5 85.5 95.5 105.5
N
u
m
b
e
r

o
f

P
u
p
i
l
s

Total Savings (RM)

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2. Using BAR CHART based on Table 1.2
0
1
2
3
4
5
6
7
8
10.5 20.5 30.5 40.5 50.5 60.5 70.5 80.5 90.5 100.5
Series 1, 1
N
u
m
b
e
r

o
f

P
u
p
i
l
s

Total Savings (RM)

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3. Using OGIVE based on Table 1.1

0
5
10
15
20
25
30
35
40
45
10.5 20.5 30.5 40.5 50.5 60.5 70.5 80.5 90.5 105.5
N
u
m
b
e
r

o
f

P
u
p
i
l
s

Total savings (RM)

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ii) I find the mean of the total savings by using two methods.
1. Using FORMULA

Total Savings (RM) Midpoint (x)
Number of Pupils /
Frequency (f)
fx
1-10 5.5 0 0
11-20 15.5 3 46.5
21-30 25.5 3 76.5
31-40 35.5 5 177.5
41-50 45.5 6 27.3
51-60 55.5 7 388.5
61-70 65.5 8 524.0
71-80 75.5 4 302.0
81-90 85.5 3 256.5
91-100 95.5 1 95.5

Total 40 2140
Table 1.2.1 : Total amount of savings from 40 pupils of class 5ST

MEAN,
X
=

fx

f
=
2140
140

=
53.5


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2. Using MICROSOFT EXCEL
a. Key in the data collected in the Microsoft Excel.

b. Insert =D12/B12 in the column D14 and press ENTER.


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c. The answer will be shown in the column D14.

d. The final answer is 53.5.


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Standard deviation of total savings is found by using two methods.
1. Using FORMULA OF STANDARD DEVIATION
Total Savings (RM)
Number of Pupils /
Frequency (f)
Midpoint (x) fx fx
2

1-10 0 5.5 0 0
11-20 3 15.5 46.5 720.75
21-30 3 25.5 76.5 1950.75
31-40 5 35.5 177.5
6301.25
41-50 6 45.5 273 12421.5
51-60 7 55.5 388.5 21561.75
61-70 8 65.5 524 34322
71-80 4 75.5 302 22801
81-90 3 85.5 256.5 21930.75
91-100 1 95.5 95.5 9120.25

Total

40

2140 131130
Table 1.2.2 : Total amount of savings from 40 pupils of class 5ST

2. Using Microsoft Excel
a. Key in table 1.2.2 in the Microsoft Excel.

=

fx
f
X
2

=
131130
40
53.5
2

= 20.3966
STANDARD
DEVIATION,

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b. Do a small table to calculate the total frequency, mean and standard deviation.

c. State the total number of frequency and calculate the mean.

d. The standard deviation is calculated by the following step.

SMALL TABLE

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d) If each student is given an additional RM 50 for savings, the new mean and new variance or the
total savings will be obtained.

New mean = 53.5 + 50
= 103.5

New variance = 20.3961
(same as precious variance because when a construct quantity is added, the variance is not
affected.)
PART B
A. Assume that l saved the whole amount of the aid in Bank X which offers annual profit
of 3% and is credited annually. I calculate my total savings after 10 years with an
assumption that no additional deposit is done by using two methods.

METHOD I
1. Using FORMULA of SUM OF GEOMETRIC PROGRESSIONS
a. STEP 1 : Form a number sequences
100, 100 x
, 100
.....
100, 103, 106.09
b. STEP 2 : Find the first term, a, and the common ratio, r.
Frist Term, a : 100
Common Ratio, r :
= 1.03
c. STEP 3 : Substitute the information into the formula
S
n
= a {r
n
- 1}
r 1
S
10
= 100 {1.03
10
- 1}
1.03 1
=1146.3879
d. Total savings after 10 years with a profit of 3% per year in Bank X is
RM1146.39
METHOD II
a. Insert 100 in column B2 in the Microsoft Excel.


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b. Insert =B2*1.03 in column B3 and press ENTER.

c. Copy column B3 and paste into column B4.

d. Repeat copying the column above and pasting into the column below until
column B11.

e. Insert =SUM(B2:B11) in column B13 and press ENTER.

f. The final answer is RM1146.39.

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B. Assume that l saved the whole amount of the aid in Bank Y which offers monthly
profit of 0.25% and is credited monthly. I calculate my total savings after 10 years
with an assumption that no additional deposit is done by using two methods.

METHOD I
1. Using FORMULA of SUM OF GEOMETRIC PROGRESSIONS
a. STEP 1 : Form a number sequences
100, 100100.25/100, 100100.25/100100.25/100
100, 100.25, 100.50
b. STEP 2 : Find the first term, a, and the common ratio, r.
Frist Term, a : 100
Common Ratio, r : 100.25 100 = 1.0025
c. Let years into month.
10years 12 = 120 months
d. STEP 3 : Substitute the information into the formula
Sn = a {r
n
- 1}
r 1
S
120
= 100 {1.0025
120
- 1}
1.0025 1
=13974.1419
e. Total savings after 10 years with a profit of 0.25% per month in Bank Y is
RM13974.14.
METHOD II
a. Insert 100 in column B2 in the Microsoft Excel.

b. Insert =B2*1.0025 in column B3 and press ENTER.
c.

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c. Copy column B3 and paste into column B4.

d. Repeat copying the column above and pasting into the column below until
column B121


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e. Insert =SUM(B2:B121) in column B123 and press ENTER.

f. The final answer is RM13974.00.
Discuss of my findings above :
After my calculation, I find out the amount of the total savings after 10 years with assumption
that no additional deposit is done in the both banks are totally different. By using formula
and Microsoft Excel, the amount of total savings after 10 years in Bank X is about RM
1146.39 while the amount of total savings after 10 years in Bank Y is about RM13974.14.
Obviously, the total savings after 10 years in Bank Y is more than Bank X. The difference
between the total savings of both banks is about RM12827.75.
If I save the whole amount of the aid, RM100, in Bank Y, I can earn RM13874.14 as interest
after 10 years. But I can only earn RM1046.3879 as interest after 10 years if I save the
RM100 in Bank X.Therefore, I prefer to save the RM100 in the Bank Y because I can earn
more interest in Bank Y compare to Bank X.

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PART C
The following are the savings in RM, of two students, Ali and Muthu for the first seven months,
where x is Alis savings and y is Muthus savings.

a) A graph of y against x is drawn by using the data in the table above.
b) A straight line graph is drawn from the equation py =
+ kx.
i. STEP 1 : Write the equation in form of Y = mX + c.
x 25 35 51 65 77 90 100
y 50 51 52 54 61 67 73
0
10
20
30
40
50
60
70
80
25 35 51 65 77 90 100
y
x

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( py =
+ kx )

xy =

Y = mX + c

Y = xy X = x
2

m =
c =

COMMENT:
After comparing, I find that the graph in (a) and (b) have several differences. The graph in (a) is a graph of
y against x, that is y acts as y-axis and x acts as x-axis. While, the graph in (b) is a graph of xy against x
2
,
x
2
625 1225 2601 4225 5929 8100 10000
xy 1250 1785 2652 3510 4697 6030 7300
0
1000
2000
3000
4000
5000
6000
7000
8000
0 2000 4000 6000 8000 10000 12000
(8100 , 6000)
(0 , 1012.5)
x
2

xy

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that is xy acts as y-axis and x
2
acts as x-axis. Besides, I also find that the graph in (a) is not in linear graph
because a straight line cannot be obtained by joining all the point on the graph. While, the graph in (b) is
in linear graph because a straight line of the best fit is obtained by joining up all the point on the graph. In
addition, I can calculate the value of k and p in the equation through the graph in (b) but not the graph in
(a).
c) i. From the graph in (b), I find the value of k and p.

From the equation of the graph in (b), I find that k is the gradient of the graph and p is a part of
the y-intercept of the graph.

The final answer: k = 6.081 10
-4
and p =

ii. From the graph in (b), I find that if Ali s savings is RM55, the Muthus savings will be RM 49.77.
Alis savings is x = RM55
x
2
= RM3025 , xy = RM2737.50
Muthus savings is y = RM2737.50 RM55
= RM49.77

xy =

Y = mX + c
Where, Y = xy X = x
2
m =
c =
=
m
=
y
2
- y
1

x
2
- x
1

=
6000 1012.5
8100 - 0
=
0.6157
=
1012.5
=
c
p
=
1
1012.5
=
2
2025
=
0.6157p
=
6.081 10
-4

k


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FURTHER EXPLORATION

MySave Account (with effect from 8th January 2009)

RANGE (RM) NOMINAL RATES (p.a.) EFFECTIVE RATES (p.a.)
Up to 3,000 0.00% 0.00%
Above 3,000 0.60% 0.60%

MaxSave Account (with effect from 18th August 2008)

RANGE (RM) NOMINAL RATES (p.a.) EFFECTIVE RATES (p.a.)
Up to 1,000 0.00% 0.00%
Up to 10,000 0.60% 0.60%
Up to 20,000 0.80% 0.80%
Up to 50,000 1.20% 1.20%
Up to 100,000 1.70% 1.71%
Above 100,000 2.00% 2.01%

EasiSave Account Rates (% p.a.)
RM50,000 and below 0.25
RM50,001 to RM100,000 0.50
RM100,001 to RM500,000 0.60
Above RM500,000 0.70
Interest is calculated daily and credited half yearly on 30 June and 31 December


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COMMENTS:
I would like to choose the savings plan offered by RHB Bank. It is because RHB Bank offer
a higher interest rate (1.20% p.a.) compared to OCBC Bank which only offer (0.25% p.a.).
The welfare provided by RHB Bank is also more comparing to OCBC bank. It is because the
multi-tiered interest rates in the savings plan of RHB Bank are calculated daily and credited
half-yearly in June and December. I can also access ATM and cashless shopping via e-post
facility. It is also up-to-date, reliable, and competitive. It is also convenient in updating my
passbook automatically via the Passbook Update Machine. Therefore, I think the savings plan
offered by RHB bank is more economical and suitable for me.


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CONCLUSION

In conclusion, we should use the aid given wisely. We should not spend them on
unimportant things. For example, use them to buy video games, watch movies and ect. With
that, we will not waste the aid given to us. The remaining can be put into the bank to earn the
profit given. We should be more clever to choose the correct bank with the most profitable
interest. We have to plan before new make any decision. By doing this, we will not be
cheated by the bankers.

It is important for us to save money. The most important reason we need to save is for
medical expenses. This is sometimes covered by medical cards and employers but we always
need some spare cash for the things they don't cover or to pay the premiums. Savings also
help pay for the quality of the medical services we need.

Saving money helps us pay for our dream home without paying too much interest to
the bank. We could save from a young age and be surprised to see how much we have at the
end. We need to save to be able to afford a college education for ourselves and our future
generations. It helps us to get a better job.


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REFLECTION

Throughout the project while I was conducting it, I learned many stuff. This includes
on usage of knowledge and ways to conduct the project. While I was conducting the project, I
collected information from the internet and regarding the savings. Besides, I manipulated my
knowledge in other fields such as accounting and economics in this research. However, the
most important this I have learnt from this project is to plan before we do something. In this
project, I was regarded as the student of receiving Bantuan Khas Awal Persekolahan
1Malaysia. I was required to explain how am I going to use this money so that it achieve the
government objectives.

Thus, planning is required and information was given. While planning, I made few
tables on total profit incurred, average interest rate per month and also annual profit. This has
taught me that a lot of work should be done such as consideration and provision for
repayment before making a savings. We must be able to save our money in bank which offer
higher profit and advantages and should not make decision in a haste because great haste make
great waste.

Besides, I learned how to cooperate with friends. My friends and I discussed about the
project and we shared ideas among ourselves. This discussion has made me more confident
when doing something. I also learned to be disciplined in terms of punctuality, doing project
and not least to avoid plagiarism.

In a nutshell, I have learned something about the future and how serious can it be
if we make a wrong decision. Moreover, work that we done must be original and not totally
derived from other people. These two images have expressed my opinions from this project.


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Everything comes with a plan. Without a plan, we will fail. Just like the saying goes, we
dont plan to fail but we fail to plan.

A perfectly good business plan is a must to be done to have a long-lasting and
profitable business.

-END OF PROJECT-

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