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

Version 8
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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