MAT112 SCHEME OF WORK (Semester October 2021 – February 2022)

Week Topics Hours Remarks

Chapter 1: Review on Algebra 3 Lesson –

• Fractions Introduction
1 • Decimals Complete Entrance
• Percentage Survey
• Linear Equations

Tutorial 1 Chapter 1

Chapter 2: Sequence
1
• Arithmetic Sequence
• Geometric Sequence
2
Tutorial 1 Chapter 2
Chapter 3: Simple Interest
2
• Introduction to Interest
• Simple Interest Formula – Years or Months

• Simple Interest Formula – Days 3

3
Tutorial 1 Chapter 3

Chapter 4: Bank Discount & Promissory Notes 3

4 • Promissory Notes
• Bank Discount

Tutorial 1 Chapter 4

• Discounting Promissory Notes 2

5
• Simple Interest Rate Equivalent to Bank Discount
Rate

Tutorial 0.5 Chapter 4

Chapter 5: Compound Interest

3
• Introduction to Compound Interest
• Compound Interest Formula
6
Tutorial 1 Chapter 5
ASSESSMENT 1 – Quiz 1 & Test 1 (Chapters 1, 2 and 3)
(1.5 Hours including submission)

• Compound Interest Formula 1

7 Chapter 6: Annuity
2
• Introduction to Annuity and Types of Annuities
• Future Value of Ordinary Annuity Certain

Tutorial 1 Chapter 6

MAT112 SCHEME OF WORK

Page 1
 Week Topics Hours Remarks

2
• Present Value of Ordinary Annuity Certain
8
Tutorial 1 Chapter 6

Chapter 7: Trade and Cash Discounts

1
• Trade Discount

• Single Discount Equivalent to Chain Discount 1.5

9
Tutorial 1 Chapter 7

ASSESSMENT 2 – Quiz 2 & Test 2 (Chapters 4, 5 and 6)

(1.5 Hours including submission)

• Cash Discount
1.5
• Domain Application
10
Chapter 8: Markup and Markdown 1.5
• Markup

ASSESSMENT 3 – Quiz 3 & Assignment (Chapter 7)

1
(1 Hour including submission)

• Markdown
11 • Profit and Loss 3
• Domain Application

Tutorial 1 Chapter 8

Chapter 9: Installment Purchase

12 • Interest based on Original Balance 3
• Interest based on Reducing Balance using
Constant Ratio Formula
• Unpaid Principal Balance using Rule of 78
Tutorial 1 Chapter 9

• Domain Application 1
13
Tutorial 1 Chapter 9
Chapter 10: Depreciation
• Depreciation using Straight Line Method 2
• Depreciation using Declining Balance Method
14 Complete Exit
• Depreciation using Declining Balance Method 3
Survey and SuFo
Tutorial 1 Chapter 10

MAT112 SCHEME OF WORK

Page 2