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Yr 12 Comparing Investments - Mathematics Essential Practical Applications

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Mathematics Essential Practical Application Comparing Investments Year 12 Unit 4   Brief Description: This practical application allows students to demonstrate their understanding, problem solving and reasoning in the context of investments. Exercise 43 and 44 should have been completed and a discussion on financial terms and investment risks is recommended. Students will need to use the mathematical thinking process throughout this assessment.   Syllabus Dot Points:
  • 4.3.1 review the principles of simple interest
  • 4.3.2 understand the concept of compound interest as a recurrence relation
  • 4.3.3 use technology to calculate the future value of a compound interest loan or investment and the total interest paid or earned
  • 4.3.4 use technology to compare, numerically and graphically, the growth of simple interest and compound interest loans and investments
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