Financial Mathematics Applications
Using difference equations to solve problems in finance, such as loan repayments and investment growth. Students model real-world financial scenarios.
About This Topic
Using difference equations to solve problems in finance, such as loan repayments and investment growth. Students model real-world financial scenarios.
Key Questions
- How can difference equations be used to model compound interest?
- What is the mathematical process for calculating the amortisation of a loan?
- How do varying interest rates affect the long-term value of an investment?
Planning templates for Applied Mathematics
5E Model
The 5E Model structures lessons through five phases (Engage, Explore, Explain, Elaborate, and Evaluate), guiding students from curiosity to deep understanding through inquiry-based learning.
Unit PlannerMath Unit
Plan a multi-week math unit with conceptual coherence: from building number sense and procedural fluency to applying skills in context and developing mathematical reasoning across a connected sequence of lessons.
RubricMath Rubric
Build a math rubric that assesses problem-solving, mathematical reasoning, and communication alongside procedural accuracy, giving students feedback on how they think, not just whether they got the right answer.
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The Modelling Project
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