Year 12 · General Mathematics

Financial models

Choose a subtopic to practise.

Subtopics

Models for saving

Compound FV/PV/rate/periods; Ordinary savings annuities: deposit, FV, duration and total interest; Tax, inflation and charges; Nominal versus effective annual rates; Drawdown/income annuities and superannuation contexts; Model assumptions and what-if comparisons

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Worked examples Practice

Models for borrowing

Interest-only loans and sinking funds; Reducing-balance repayments and outstanding balance; Total interest/cost; Frequency, amount, term, lump sums, variable rates and offsets; Affordability, reasonableness and model limitations

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Worked examples Practice