Mathematics / Year 10 / Number and Algebra / Money and financial mathematics

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Curriculum content descriptions

Connect the compound interest formula to repeated applications of simple interest using appropriate digital technologies (ACMNA229)

Elaborations
  • working with authentic information, data and interest rates to calculate compound interest and solve related problems
General capabilities
  • Numeracy Numeracy
  • ICT capability Information and Communication Technology (ICT) capability
ScOT terms

Compound interest

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16 direct matches to ACMNA229 | 1 other related resources

Video

My Five Cents: What is compound interest?

  • TLF-IDM025252

Compound interest will be one of the most important things you ever learn. Don't believe it? Gen Fricker will explain why. Learn how compound interest works, and why saving now can help you later. Game changer! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.

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Interactive

Laptop wrap: Investing wisely

  • TLF-IDM016157

In this laptop-friendly resource, students investigate unit pricing and explore the formulae and concepts of simple and compound interest.

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Text

TIMES Module 22: Number and Algebra: consumer arithmetic - teacher guide

  • TLF-IDM008605

This is a 23-page guide for teachers, providing an introduction to the financial mathematics component of the number and algebra strands for years 9 and 10. A brief history of the concept of money concludes the module.

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Video

How do interest rates work?

  • TLF-IDM020194

What are interest rates? What determines the interest rates in Australia? And how do interest rates affect the economy? Listen as Dr Ashton de Silva explains.

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Interactive

Isotopes and Atomic Mass

  • TLF-IDA005853

This interactive simulation explores isotopes and how the average atomic mass of an element changes given a change in the abundance of its isotopes. In a series of simulations students explore the stability of various isotopes and investigate how this relates to the proportions of isotopes in naturally occurring elements. ...

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Interactive

Build a Nucleus

  • TLF-IDA005851

This interactive simulation explores isotopes and nuclear decay. In a series of simulations students explore how the changing the number of neutrons or protons affects the atomic number and isotope; investigate and predict how the shell model depiction of an isotope based on the isotope symbol or name; and predict the resulting ...

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Text

Investing

  • TLF-IDA005441

This lesson explores what investing is, different types of investments and their risks, how to invest safely and where to begin. The resource is part of a suite of lesson plans and activities from MoneySmart, designed to bring everyday financial topics into the classroom.

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Text

Understanding compound interest

  • TLF-IDA005439

This lesson explores compound interest and challenges students to consider why saving now can help them later. The resource is part of a suite of lesson plans and activities from MoneySmart, designed to bring everyday financial topics into the classroom.

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Text

Linear Relationships (and how Maths can help you choose a great car) - Calculate

  • TLF-IDA004305

The activity has students collecting their own information from a well-known Australia car buying website and using this to find an estimated relationship between the ‘asking price’ for a used car and the distance it has traveled in kilometres.

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Text

Compound Interest - Calculate

  • TLF-IDA004268

This resources demonstrates simple and compound interest and includes an activity sheet for students with questions about the differences in calculations and cumulative interest over time.

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Text

Factorising Quadratics and Solving - Calculate

  • TLF-IDA004267

This activity explores the properties of the family of functions and their graphs known as parabolas. The unit includes an AMSI Interactive online module, a range of other AMSI Schools and external links and video tutorials and some extension or enrichment ideas to take their understanding further. A short quiz at the end ...

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Text

Solving Linear Equations - Calculate

  • TLF-IDA004266

This unit of work focuses on solving linear equations. It includes an AMSI Interactive online module, a range of other AMSI Schools and external links and video tutorials and some extension or enrichment ideas. A short quiz at the end of the AMSI Interactive will help students to test their understanding at the completion ...

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Text

Capital Airways: Part 1

  • TLF-IDA005380

In this lesson students are introduced to the concept of a network through an airline route map. The task extends into a detailed mathematical modelling activity with students exploring in teams how to re-design the network map to improve the airline’s profitability. This lesson is in two parts and is followed by Capital ...

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Text

Capital Airways: Part 2

  • TLF-IDA005379

This is the second lesson in the Capital Airways series and follows the prior lesson Capital Airways: Part 1. Students investigate a network through an airline route map. The task is a mathematical modelling activity whereby students collaborate to re-design the network map to improve the airline’s profitability.

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Text

Mrs Sim's Dollars and Sense - Calculate

  • TLF-IDA004333

This alternate assessment task focuses on calculating gross and net wages before and after tax; operating and solving problems using simple and compound interest; and making valid comparisons between total accumulated costs and the initial (principal) amounts of money borrowed or invested.

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Text

The Mathematics of Projectiles - Calculate

  • TLF-IDA004314

This activity provides a practical introduction to the motion of projectiles with a focus on angles. It is designed as a lead in to parabolic and quadratic functions.

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Text

TIMES Module 31: Number and Algebra: indices and logarithms - teacher guide

  • TLF-IDM009048

This is a 26-page guide for teachers. It extends the study of indices to rational indices and introduces logarithms.

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