Stage 5 · Financial mathematics B · Solve problems involving compound interest and depreciation · Topic: Financial maths · Year 9, 10
Establish and use the formula FV = PV(1 + r)ⁿ to find compound interest where FV = future value of the investment, PV = present value of the investment, r = interest rate per time period and n = number of time periods
Dot point ID k-10-2022-stage-5-financial-mathematics-b/fib-spc-stg5-03 · NESA code MA_K_10_CP_FIB_SPC_STG5_03 · See it on the NSW Curriculum website ↗
↩SupportBuild the prerequisite skills first · 4 resources★EnrichExtension & rich tasks · 0 resources
Outcomes for this focus area (MA5-FIN-C-02)
MA5-FIN-C-02 solves financial problems involving compound interest and depreciationCore resources for this dot point
On-level resources, grouped by type. Need the building blocks? Use Support. Ready for more? Use Enrich.
Interactive tool
- Interactive toolStarterMathsisfun: Compound interestUse it for: Compound vs simple interest with tables and a calculator.
Worksheet
- Corbettmaths practice questions: Percentages: compound interestUse it for: Free printable graded practice questions (with answers) on percentages: compound interest for drill or a quick check.
Video
- VideoStarterCorbettmaths video: Percentages: compound interestUse it for: Short worked-example video on percentages: compound interest to model the method before practice or for flipped revision.
- VideoStarterEddie Woo (WooTube): Basic Financial Mathematics playlistUse it for: Sydney teacher Eddie Woo's recorded lessons on financial mathematics; play a clip to model a method or for revision.
Focus area resources
Checked resources for Financial mathematics B as a whole (not mapped to a single dot point).