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Support · Stage 5 · Financial mathematics B

Support Compare simple interest with compound interest in practical situations

Resources for the prerequisite content of this dot point: earlier-stage (or earlier sub-level) dot points in the same strand that students usually need first. Use these to fill gaps before or alongside the core lesson.

Prerequisite links are draft mappings generated from the syllabus structure (earlier stage, same strand, closest content). They are being reviewed by teachers. Spot a poor match? Tell us.

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Prerequisite dot points

Apply the simple interest formula to solve problems related to investing money at simple interest rates, both algebraically and graphically

Stage 5 · Financial mathematics A Draft mapping

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

Stage 5 · Financial mathematics A Draft mapping

Calculate net earnings after deductions and taxation

Stage 5 · Financial mathematics A Draft mapping

No checked resources on this prerequisite dot point yet.