Support · Mathematics Standard 11–12 – Year 12 – Standard 1 · Depreciation and loans
Support Compare credit card interest rates with interest rates for other loan types
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.
Prerequisite dot points
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
Stage 5 · Financial mathematics B Draft mapping
No checked resources on this prerequisite dot point yet.
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
- 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.
- WorksheetDrillKuta free worksheet: Simple and compound interestUse it for: Printable skills-practice sheet with answer key on simple and compound interest; good for drill or homework.
- 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.
Compare simple interest with compound interest in practical situations
Stage 5 · Financial mathematics B Draft mapping
- Interactive toolStarterMathsisfun: Compound interestUse it for: Compound vs simple interest with tables and a calculator.
- WorksheetDrillKuta free worksheet: Simple and compound interestUse it for: Printable skills-practice sheet with answer key on simple and compound interest; good for drill or homework.