Gr 11 (Financial Maths)

1. Revise the use of the simple and compound growth formulae to solve problems, including interest, hire purchase, inflation, population growth and other real-life problems.

2. Understand the implication of fluctuating foreign exchange rates (e.g. on the petrol price, imports, exports, overseas travel).

3. Use simple and compound decay formulae: to solve problems (including straight line depreciation and depreciation on a reducing balance).

4. The effect of different periods of compound growth and decay, including nominal and effective interest rates