Woah... C+, can't believe it.... ha~
Qns:You saw four advertisements from four banks: OCBC – 8.2% annual interest rate UOB – 8% annual interest rate compounded monthly HSBC – 8.1% annual interest rate compounded semi-annually DBS – 8.1% annual interest rate compounded quarterly. Which bank would you put your money in? Why?
Ans:
I would put my money into UOB.
Let do some mathematical sum. Assuming that I have $100, and no more money is to put in after that $100 and that I will calculate only half a year.
If I put my money into OCBC, I would have gained $4.10 from the interest, which adds up to $104.10.
If I put my money into UOB, I would have gained $58.6877822144 from the interest rate that is given by the bank, and when added, it will give me grand total of $158.6877822144.
If I put my money into HSBC, I would have gained $8.20 from the interest rate that is given by the bank, and when added, it will give me a grand total of $108.20.
If I put my money into DBS, I would have gained $16.8561 from the interest rate that is given by the bank, and when added, it will give me a grand total of $116.8561.
When I compared the amount of money that I from the interest that is given by the bank, UOB will give me the most amount of money. It will give me around $60 of interest in half a year while the rest gives me an average of $10. Therefore if I want to make full use of my investment in relying on bank’s interest rate to make more money, I would choose UOB since it gives me the highest money earned compared to the rest.
Qns: Tell me what are your future personal financial goals, and how you are going to fulfil your financial obligations, and enhance your net worth.
Ans:
Fasci!! I am not quite sure if my interpretation is right, but I am going to try. =)
My future personal financial goals will be that I will be able to get married at the age of 27. Furthering my study at the age of 21. I am intending to work for 2year after graduation of poly. This is to gain some experience first before going back to study. This will suit me better as I will be more sure of what is ahead of me before I take another step in studying uni. The money that I earn during that 2 years, it will be saved up as much as possible.
During my further study, I do not have to rely on my parents to get pocket money. I could use my saving to pay for my pocket money. I will be using my parent's CPF to pay for my Uni. After that I will pay them back in full if they want me to. Cause by the time I graduate from University, my parents will be over 50 years old.
I am not quite sure what you mean by enhance your net worth. So I won't be writing about it. =0
Qns: I am nice. Negotiate your grade for today with me with justifications.
Ans:
I think today I should be getting a C or a D.
I have not been really following on msn conversation as more people are joined in. I do not have the habit to use msn or the forum so it is interesting for me as it is like a new way of communication. But to come to think about a world without people communicating, I mean hearing people speaking in real person, it is seriously an annoying thing to do. I am a quiet person so sometimes things that I say may not make any sense. When using msn, things that I want to say will not make any sense at all. High chance is that I will beat around the bush to get to the point. Therefore it is important for me to see people’s expression and their mouthing of the word.
I am much more of a visualize person. So today lesson is kind of boring to me. I think overall I managed to understand when using negotiation, there are different ways to reach a win- win solution. So, I myself isn’t a good negotiator so I won’t negotiate my marks here. I would say that I am expecting a C or a D. =)
I forgot to do RJ~~~~
Qns: Is there a relationship between sources of power, the type of leadership, and type of followers? Explain with one good example.
Ans:
There is a relationship between sources of power, the type of leadership and type of followers.
For an example in Adolf Hitler case. Adolf Hitler uses coercion as his power. This means that he can change a person behaviour even when they do not wish so. Adolf Hitler uses this to get his men to listen to him and to join the army. Adolf Hilter uses the fact that he will kill the man's family if he doesn't join the army or if he doesn't hand in the Jews. This resulted that the man will want to see that his family is spared, he will join the army or hand in the jews.
Adolf Hitler's leadership uses Transformational Leadership. He keeps showing the Germans the vision that he have and that he keep telling the Germans that the Jews are the people to blame. Therefore causes the people to have the misconception that Jews are the one to blame for all the mishaps and all the troubles that they faces. Therefore when some of the Germans do not wish to follow his leadership, this will result that Hilter will use his source of power to silence them and get the people to fear him and to follow him more willingly.
Hilter's way of doing things will result that he will have many die hard fans. These people are willing to discriminate the Jews, and die without asking why. This is because, Hilter had given them enough fear and that these people learn that they need to follow order without questioning. So with such die hard fans, they are actually taught that they are dying for the country's sake, which in actual fact is a way to die for Hilter's ambition. Therefore the sources of power, the types of leadership and the type of followers and interlinked. If they are not interlinked, there will not be a good leader.
Qns: As a student, what would motivate you to perform well in your studies, especially in my class? (Do apply at least one theory that you've learnt today!)
Ans:
I think… *sigh*… My emotion had been on the roller coaster ride for a week or so. Therefore I am so ashamed that I was so distracted in your class today. If there is something to motivate me will be, leaving me alone, when I need so peace and don’t bother me that much. I will definitely be motivated to be focus on my study.
I think will be the five needs. I am not sure how it will apply in here yet… but I think it will refers to the physical support that one needs to received. I felt that I am so weary from studying 8.30am – 3.40pm/5pm till the end of the IG meeting… I am weary… At first I wanted to be so weary so that I can forget something… but it seems to be so tough. Just trying my best. =)