Class notes
Grade 12 Finance and growth
- Course
- Mathematics
- Institution
- 12th Grade
It breaks down the concepts for you easily and explains it in easier terms and provides examples and exercises for you to practice on
[Show more]
Content preview
fFINANCE AND GROWTH
GRADE 12
WORKSHEET
ACTIVITIES
EMAILBY
ADDRESS: melulekishabalala@gmail.com
MR M. SHABALALA CELLPHONE NUMBER: 0733318802
@NOMBUSO HIGH Page 1
, FINANCE AND
GROWTH
GRADE 12
CONCEPTS TO BE COVERED
1. SIMPLE AND COMPOUND INTEREST
2. GR11 COMPOUNDING PERIODS
3. GR11 GROWTH (APPRECIATION) AND DECAY
(DEPRECIATION)
4. TIME LINE
5. GR11 NOMINAL AND EFFECTIVE INTEREST RATES
6. NEW ANNUITIES( FUTURE VALUE AND PRESENT
VALUE(LOAN))
7. NEW SINKING FUND = APPRECIATION – DEPRECIATION
8. NEW COMPARISON OF BEST LOAN AND INVESTMENT
OPTIONS.
BY MR M. SHABALALA @NOMBUSO HIGH Page 2
, FINANCIAL MATHEMATICS
GRADE 11 SUMMARY NOTES
1. SIMPLE AND COMPOUND INTEREST
CALCULATE A, P AND I
SIMPLE INTEREST – It is where by the interest is calculated on the total amount
invested or borrowed, and is not added onto the principal amount. Interest does not generate
another interest.
M ing L i t
A Futuve value/ accumulated amount/ final amount
P Principal amount/ initial amount/ starting amount
i Interest rate (written as decimal i g)
Period (usually years)
COMPOUND INTEREST- Allow interest to be earned on interest. Compound
interest is advantageous for investing money but not for taking out a loan.
M ing L it
NB! In Compound interest calculation now calculate use log in grade 12
2. COMPOUNDING PERIODS
In grade 10 we only calculated amount invested where interest earned once a year. NOW
it is possible to earn interest anytime so if interest is not earned once a year, in Formula
we need to adjust i and to match with given compounding period
NB! Semi-annually/ halfyearly, monthly, and quarterly must be known for exam
BY MR M. SHABALALA @NOMBUSO HIGH Page 3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BookSquad. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67474 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now