Student No. 1873281
Assignment: SEMATICS in the Knowledge building process
EDUC4269
Section A: Curriculum Map for Financial Mathematics in CAPS document
Grade 10
Grade 11
Grade 12
1. Use simple and compound formulae
a. Apply growth formulae
i)
( A=P(1+i)*n
i)
Use Simple interest formula to
solve problems (including interest,
hire purchase,
population growth
b.
a. apply decay formulae
1. Revision of compound growth and decay
a. Use simple decay formula to solve
Straight-line depreciation
b. Use Compound decay formula to solve
Reducing balance depreciation
Use of Compound interest formula
i) Use compound interest to solve problems
(including interest, inflation,
population growth and other real life problems)
i)
Using timeline to demonstrate different
interest rates over time
ii). Calculate the effect of different
periods of compounding growth and
decay
ii)
iii)
i)
ii)
using logarithms to calculate n in
compound imterest.
By applying knowledge of logs and
algebra
Solve effective and nominal interest rates
a) By solving exponential equations
2. Apply knowledge of geometric series to
solve annuity and bond repayment
problems
i)
Using the future value formula for
future investment
ii)
Using the present value formula
for issues such as loan and
balance of loan.
Student No. 1873281
Assignment: SEMATICS in the Knowledge building process
EDUC4269
3. Analyse different different investment and
loan options
a) By solving for the best effective
annual rate through comparing the
rates.
2.Implications of fluctuating foreign exchange rates
a) by multiplication or division method
Student No. 1873281
EDUC4269
Assignment: SEMATICS in the Knowledge building process