Mathematical Literacy Finance Powerpoint

This PowerPoint highlights some of the finance sections. It gives some examples and provides rules or recipes to follow.

The presentation includes:

• Basic skills needs for finance
  • Calculating percentages or using percentages to work out VAT, the increase/decrease on something or to find out the cost or amount of something
• Break-even
• Personal Income Tax or Transfer Duly
• Simple and Compound Interest
• Inflation and Deflation rate
• Hire Purchase
• Factor table – loan and investments
  • Deposit
  • Loan amount
  • Interest rate and loan length
  • Monthly repayments
  • Real Cost
  • Interest
• Loan Mode
  • Opening balance
  • Interest
  • Balance with Interest
  • Repayment
  • Closing Balance
• Investments
  • Retirement annuity