Finance(Applied30S)

Dear Grade 11 students:

Please find bellow couple of skills and concepts that you have to acquire at the end of this unit.

Research the costs of independent living Investigate different ways earnings can be paid Determine payroll deductions Solve problems involving foreign exchange unit pricing, and property tax Investigate the cost of running a car Reconcile bank statements and till receipts; solve simple credit problems Investigate interest compounded annually Solve investment problems with compounding periods less than 1 year, calculate the effective annual rate of interest. Investigate simple annuities, loans, and saving plans, solve mortgage problems Solve budgeting problems Determine a budget for independent living