• Mathematics Standard
• Year 11

# Money Matters

approx. 15 hrs

9 topics

36 concepts

Enrol in Money Matters to approach your examinations with confidence and get the marks you're looking for.

Available in
NSW

### Overview

Money Matters covers a range of essential skills pertaining to financial concepts as described in the NSW Syllabus for the Mathematics Standard course.  In Year 11 Money Matters, we help students with concepts including calculating income tax, interest,  investing and managing money and household and personal budgets.

### Topics & Concepts We Cover

This learning program is made up of the following 9 topics, broken down into 36 concepts.

• #### Simple Interest 3 concepts

1. Application of simple interest to solve problems including purchasing on terms and reducing balance interest loans

2. Using the simple interest formula

3. Model and interpret a simple interest investment

• #### Percentage Change 7 concepts

1. Calculate the cost price, given the selling price and percentage profit/loss

2. Calculate percentage change including profit and loss

3. Calculate the selling price, given the percentage profit/loss and the cost price

4. Calculate discounts or markups

5. Solve problems involving repeated percentage change

6. Decrease a quantity by a percentage

7. Increase a quantity by a percentage

• #### Goods and Services Tax 3 concepts

1. Calculate the Goods and Services Tax (GST)

2. Calculate pre-GST amount of goods and services using the unitary method

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

• #### Straight-line depreciation 2 concepts

1. Application of the straight-line depreciation formula

2. Straight-line depreciation graphs

• #### Earning money 7 concepts

1. Calculating an income from the government

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

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

4. Calculate weekly, fortnightly, monthly and yearly earnings

5. Calculate earnings based on piecework

6. Calculate commission including sliding scale

7. Calculate earnings based on royalties

• #### Calculating Income Tax 6 concepts

1. Identify and calculate allowable tax deductions

2. Net income

3. Calculate tax payable using current tax rates

4. Determine a worker's tax refund or liability

5. Calcuate medicare levy

6. Calculate annual taxable income

• #### Household expenses 2 concepts

1. Interpret household bills

2. Perform calculations using household bills

• #### Car expenses 4 concepts

1. Investigate running and maintenance costs for a car

2. Investigate car insurance

3. Investigate on-road costs for a car including stamp duty and buying finance

4. Calculate fuel consumption costs for a car

• #### Personal Budget 2 concepts

1. Evaluate a prepared budget

2. Preparing a budget (weekly/monthly) including income, expenses and savings

### 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 Money Matters

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

### Ready to start this program?

Simply pick a time that works for you

We'll be in contact to match you with one of our top tutors and book your first session

Starting at

\$49(inc. GST)

per session

Fully flexible

PAYG and bundle plans

Use anytime