
- Mathematics Standard
- Year 12
Annuities
approx. 10 hrs
2 topics
4 concepts
Develop proficiency in performing annuity calculations.
approx. 10 hrs
2 topics
4 concepts
Develop proficiency in performing annuity calculations.
In this learning program, students will focus on the nature and mathematics of annuities. We will help students learn the processes by which they accrue, and ways of optimising their value as an investment. This will include modelling an annuity as a recurrence relation using technology. Students will become proficient at applying these financial techniques to determine optimal solutions in related practical situations.
This learning program is made up of the following 2 topics, broken down into 4 concepts.
Using Excel to model an annuity
Modelling an annuity with a recurrence relation
Reading and interpreting an annuity table
Use a table of future value interest factors to perform annuity calculations
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