Mathematics Standard 11–12 – Year 12 – Standard 1 · Investment · · Topic: Financial maths · Year 12
Calculate simple interest for different interest rates and time periods using the formula I = Prn where I = simple interest, P = principal, r = interest rate per time period and n = number of time periods
Dot point ID standard-year-12-tba1-investment/dp-2d2a21c0 · See it on the NSW Curriculum website ↗
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Outcomes for this focus area (MST-12-S1-02)
MST-12-S1-02 solves problems involving simple interest and compound interest to make decisions about financial situationsCore resources for this dot point
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