Chapter 3: Money
What you need to learn in this chapter
In this chapter, you will learn about money and how to work with it. You will start by learning basic operations like addition and subtraction with money. You will practice solving number sentences with up to three values of money, with the sum within RM1,000,000.
Next, you will move on to mixed operations involving money. You will learn how to solve number sentences with different operations, including addition, subtraction, multiplication, and division. You will also learn how to use brackets in these calculations.
After that, you will learn about saving and investment. You will understand the meaning of savings and investment and how they can help you grow your money. You will also learn about simple interest and compound interest in savings.
Lastly, you will learn about credit and debt management. You will understand the meaning of credit and debt and how they can affect your finances. You will also learn about the price difference when buying goods using credit compared to cash.
By the end of this chapter, you will have a better understanding of how to work with money, save and invest, and manage credit and debt.
Topics in this chapter
1. Basic operations involving money
What you will learn in this topic
- Solve addition number sentences up to three values of money with sum within RM1 000 000
- Solve subtraction number sentences up to two values of money from one value of money within RM1 000 000
- Solve multiplication number sentences involving value of money up to two digits, 100, 1000 and product within RM1 000 000
- Solve division number sentences involving value of money within RM1 000 000 divided by up two-digit numbers, 100 and 1000.
2. Mixed operation involving money
What you will learn in this topic
- Solve mixed operations number sentences involving money within RM1 000 000, with and without brackets
3. Saving and investment
What you will learn in this topic
- Explain meaning of savings and investment
- Explain meaning of simple interest and compound interest in savings
4. Credit and debt management
What you will learn in this topic
- Explain meaning of credit and debt
- Explain price difference in buying goods using credit and cash
5. Problem solving
What you will learn in this topic
- Solve problems involving money within RM1 000 000 in daily situations
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