Financial mathematics B
Mathematics K–10 (2022) · Stage 5 · View this focus area on the NESA NSW Curriculum website ↗
Outcomes
MA5-FIN-C-02 solves financial problems involving compound interest and depreciationContent dot points
Each dot point has its own page with resources matched to it.
Solve problems involving compound interest and depreciation
- Examine compound interest for up to 3 time periods using repetition of the formula for simple interest 1 resource · 1 interactive/game
- Associate the calculation of the total value of a compound interest investment with repeated multiplication, using digital tools 1 resource · 1 interactive/game
- Establish and use the formula FV = PV(1 + r)ⁿ to find compound interest where FV = future value of the investment, PV = present value of the investment, r = interest rate per time period and n = number of time periods 4 resources · 1 interactive/game
- Solve problems involving compound interest 3 resources
- Compare simple interest with compound interest in practical situations 2 resources · 1 interactive/game
- Use the compound interest formula to establish the depreciation formula S = V_0(1 - r)ⁿ where S = salvage value, V_0 = initial value of the asset, r = depreciation rate per time period and n = number of periods
- Solve problems involving the depreciation of an asset 1 resource
Focus area resources
Stage 5 planning resources
Stage- or course-wide documents (scope and sequences, guides) that cover this focus area alongside others.
- Unit/PlanningSample scope and sequence: Stage 5 core and selected paths (NESA no. 03)
- Unit/PlanningSample scope and sequence: Stages 4–5 core and selected paths (NESA no. 04)
- Unit/PlanningSample scope and sequence: Stage 5 core and all paths (NESA no. 05)
- Unit/PlanningSample scope and sequence: Stage 5 core (NESA no. 02)
- Unit/PlanningSample scope and sequence: Stage 5 core and selected paths (NESA no. 06)
- Unit/PlanningSample scope and sequence: Stage 5 core and selected paths (NESA no. 01)
- Unit/PlanningSample scope and sequence: Stages 4–5 stage based (NESA no. 08)
- Unit/PlanningStage 5 – sample scope and sequence
- Unit/PlanningStage 5 – stage based – sample scope and sequence