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Activities<br />

Section 5: Financial <strong>Maths</strong><br />

Chapter 14: Financial <strong>Maths</strong> 1<br />

Activity 1<br />

ACTION<br />

OBJECTIVE<br />

Activity 2<br />

ACTION<br />

OBJECTIVE<br />

Activity 3<br />

ACTION<br />

OBJECTIVE<br />

Working with unit rates<br />

To understand the idea of solving problems by finding the unit value first<br />

Converting to different units<br />

To understand the idea of solving problems by converting to different units<br />

Calculating tax on earnings<br />

To calculate the tax to be paid on a single person’s and a married person’s salary<br />

Chapter 15: Financial <strong>Maths</strong> 2<br />

Activity 4<br />

ACTION<br />

OBJECTIVE<br />

Activity 5<br />

ACTION<br />

OBJECTIVE<br />

Activity 6<br />

ACTION<br />

OBJECTIVE<br />

Activity 7<br />

ACTION<br />

OBJECTIVE<br />

Working with simple interest<br />

To go through the steps to calculate the simple interest on a sum of money<br />

Mastering the compound interest formula<br />

To go through the steps to calculate the compound interest on a sum of money<br />

Proving the amortisation formula<br />

To use the amortisation formula to calculate the amount of annual repayments<br />

Compiling a repayment schedule<br />

To use the amortisation formula to compile a repayment schedule and draw a graph to<br />

illustrate the debt and interest portions of the repayments over time<br />

Section 6: Complex Numbers<br />

Chapter 16: Complex Numbers 1<br />

Activity 1<br />

ACTION<br />

OBJECTIVE<br />

Activity 2<br />

ACTION<br />

OBJECTIVE<br />

Asking: Is it real or imaginary?<br />

To recognise whether numbers are real or imaginary<br />

Exploring powers of i<br />

To write various powers of i in their simplest form<br />

31

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