• Mathematics General
  • Year 12

Financial Mathematics

approx. 12 hrs

5 topics

34 concepts

Enhance your mathematical skills in Financial Mathematics to approach the HSC examinations with confidence.

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Available in
NSW

Overview

This learning program covers the essential components of the Year 12 General Financial Mathematics strand of the NSW Senior Mathematics Syllabus. Students who study this course will learn how individuals earn, manage and invest money and make informed decisions about financial situations. This will also include using a mathematical argument and reasoning to evaluate financial models.

Topics & Concepts We Cover

This learning program is made up of the following 5 topics, broken down into 34 concepts.

  • Annuities and Loan Repayments 7 concepts

    1. Use of formulae to calculate the future value of an annuity

    2. Use of formulae to calculate the present value of an annuity

    3. Use of tables to calculate the future value of an annuity

    4. Use of tables to calculate the present value of an annuity

    5. Use of formuale to calculate monthly loan repayments

    6. Use of tables to calculate monthly loan repayments

    7. Interpret graphs that compare two or more repayment options for home loans

  • Credit and Borrowing 3 concepts

    1. Use of formulae to calculate principal, interest and repayments for flat-rate loans

    2. Use table of loan repayments to calculate values

    3. Calculate the cost of using a credit card with and without interest-free periods

  • Earning and Managing Money 9 concepts

    1. Net income

    2. Calculate earnings for hourly rates of pay, overtime and special allowances

    3. Calculate weekly, fortnightly, monthly and yearly earnings

    4. Calculate leave loading as 17.5% of normal pay for up to four weeks

    5. evaluate a prepared budget

    6. preparing a budget (weekly/monthly) including income, expenses and savings

    7. calculate commission including sliding scale

    8. calculate earnings based on piecework

    9. calculate earnings based on royalties

  • Investing Money 9 concepts

    1. For fixed principals, using tables of values, drawing and describing graphs of (A) against (n)for differing values of (r)

    2. Extrapolating from a graph of share performance to suggest possible future movement

    3. Calculating the appreciated value of items such as stamp collections, memorabilia

    4. Calculate simple interest

    5. Use the future value formula to solve problems involving inflation and appreciation

    6. Calculation of dividend paid on a share holding and the dividend yield, excluding franked dividends

    7. Calculating future and present value of an investment from prepared tables

    8. Use of formulae to calculate future value, compound interest and present value

    9. Model and interpret a simple interest investment

  • Taxation 6 concepts

    1. Creating graphs to illustrate and describe different tax rates

    2. calcuate medicare levy

    3. Calculate annual taxable income

    4. Calculate tax payable using current tax rates

    5. Determine a worker's tax refund or liability

    6. Calculate GST-inclusive prices for goods purchased in Australia

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 Financial Mathematics

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

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Starting at

$49(inc. GST)

per session

Fully flexible

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Access to practice questions

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