Outcomes of Workshop

This workshop will enable you to:

  • work effectively with simple and compound interest and decay
  • handle interest rates that are compounded in different time periods
  • understand the difference between effective and nominal rates and know how to calculate them
  • explain how to calculate n in the compound formula
  • understand annuities and bond payments and know how the formulae must be used
  • explain what a sinking fund is and know what types of calculations are required.


Target Audience

FET Maths teachers and SESs


Duration: 3 hours

SACE PD Points: 10

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