1. Finance

Review Percentages

Review Percentages Finance lesson 1

Review Percentages Solutions Finance lesson 1 solutions


Compound Interest

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Learn about compound interest with CEMC courseware, click lesson 4

Lesson handout: Finance lesson 2

Lesson handout Solutions: Finance lesson 2 solutions


Calculations with Compound Interest

1. To calculate future value FV

    \[FV=PV\left(1+\dfrac{r}{n}\right)^{n\times t}\]

2. To calculate present value PV (or, ‘principle’)

    \[PV=FV\div\left(1+\dfrac{r}{n}\right)^{n\times t}\]

3. To calculate Interest, I

    \[I=FV-PV\]

4. To calculate rate of return, as a percentage

    \[RoR=\dfrac{FV-PV}{PV}\times 100\]

On this applet, read each question carefully before typing in your answer. Use the ‘ans’ feature of your calculator, do not round before your final answer.

Compound interest practice

Compound interest quiz (you may practice this any time. You will be set this task on quiz day).


Compound Interest with Regular Payments

Finance Regular Payments workplace

Finance Regular Payments workplace solutions

TVM Calculator on fncalculator.com

TVM Calculutor quiz practice

TVM Calculator quiz (you may practice this any time. You will be set this task on quiz day).


Types of Investment

The basics of investing


Assignments to submit

Finance Assignment: Finance Assign 1 How much tax

Finance Assignment: Finance Assign 2 Buy a Car