Mathematics Standard 11–12 – Year 12 – Standard 2 · Investment and loans · Investment · Topic: Financial maths · Year 12
Calculate simple interest for different 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-tba2-investment-and-loans/dp-20265c68 · See it on the NSW Curriculum website ↗
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Outcomes for this focus area (MST-12-S2-02)
MST-12-S2-02 models financial situations and solves problems involving interest, depreciation and borrowing moneyCore resources for this dot point
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