Real World Measurement and Finance · Number and Measurement

Financial Mathematics and Compound Interest

Modeling the growth of investments and the cost of loans over time using interest formulas.

Key Questions

  1. 1How does the frequency of compounding affect the total interest earned on an investment?
  2. 2Why is compound interest often described as the eighth wonder of the world in finance?
  3. 3What are the long term implications of only making the minimum repayments on a credit card?

ACARA Content Descriptions

AC9M10N01
Year: Year 10
Subject: Mathematics
Unit: Real World Measurement and Finance
Period: Number and Measurement

Suggested Methodologies

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