Stage 5 · Financial mathematics A · Solve problems involving simple interest · Topic: Financial maths · Year 9, 10
Establish and use the formula I = Prn to find simple interest where I =simple interest, P =principal, r =interest rate per time period and n = number of time periods
Dot point ID k-10-2022-stage-5-financial-mathematics-a/fin-sps-stg5-01 · NESA code MA_K_10_CP_FIN_SPS_STG5_01 · See it on the NSW Curriculum website ↗
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Outcomes for this focus area (MA5-FIN-C-01)
MA5-FIN-C-01 solves financial problems involving simple interest, earning money and spending moneyCore resources for this dot point
On-level resources, grouped by type. Need the building blocks? Use Support. Ready for more? Use Enrich.
Worksheet
- Corbettmaths practice questions: Percentages: simple interestUse it for: Free printable graded practice questions (with answers) on percentages: simple interest for drill or a quick check.
Video
- VideoStarterCorbettmaths video: Percentages: simple interestUse it for: Short worked-example video on percentages: simple interest to model the method before practice or for flipped revision.
- VideoStarterEddie Woo (WooTube): Basic Financial Mathematics playlistUse it for: Sydney teacher Eddie Woo's recorded lessons on financial mathematics; play a clip to model a method or for revision.
Focus area resources
Checked resources for Financial mathematics A as a whole (not mapped to a single dot point).