Workplace and Apprenticeship Mathematics 20
WA20.7
Demonstrate understanding of compound interest.
CN, ME, PS, T
Indicators for this outcome
| (a) |
Solve situational questions that involve simple interest, given three of the four values in the formula I=prt and explain the reasoning. |
| (b) |
Analyze and generalize the relationship between simple interest and compound interest. |
| (c) |
Solve, using a formula, situational questions that involve compound interest. |
| (d) |
Explain, using examples, the effect of changing different factors on compound interest such as different compounding periods, different interest rates, and starting at a younger age. |
| (e) |
Estimate, using the Rule of 72, the time required for a given investment to double in value and explain the reasoning. |
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R053289
MathWorks 11
MathWorks 11 enables students to make connections between school mathematics and the workplace.
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MathWorks 11. Student Resource
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MathWorks 11. Student Resource Digital (CD-ROM)
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MathWorks 11. Student Resource Digital Licence
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MathWorks 11. Student Resource Package (Book and CD)
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MathWorks 11. Teacher Resource
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MathWorks 11. Teacher Resource Digital (CD-ROM)
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MathWorks 11. Teacher Resource Package (Book and CD)
Media and Formats :
Book
CD/DVD
Price :
Free
Record posted/updated:
August 14, 2019