Mathematics Standard
Year 12

Annuities

approx. 10 hrs

2 topics

4 concepts

Develop proficiency in performing annuity calculations.

Book this program

Available in

NSW

Overview

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.

Topics & Concepts We Cover

This learning program is made up of the following 2 topics, broken down into 4 concepts.

Recurrence relation 2 concepts
1. Using Excel to model an annuity
2. Modelling an annuity with a recurrence relation
Financial tables 2 concepts
1. Reading and interpreting an annuity table
2. Use a table of future value interest factors to perform annuity calculations

What you'll get

Learning Content

A customised learning plan to suit your needs, adapting to your pace as you learn, progress and achieve mastery
All the content required to help you master the syllabus, including theory, worked examples, exam preparation and practice questions

An Expert Tutor

We match you to a private, expert tutor who is right for your needs and goals
Our tutors are talented, tested, top ATAR achievers and subject experts
During each session, your tutor guides you through your learning program, providing real-time, live expert tutoring in Annuities

Reporting

Access information at every stage showing what's been mastered, what areas need to be worked on and what's next
You and your parents receive a comprehensive feedback report after every session
Every session is recorded and available for you to watch at any time, allowing you to review what was covered