Financial Mathematics in Year 10

Autor/in	Bond, Timothy
Titel	Financial Mathematics in Year 10
Quelle	In: Australian Mathematics Education Journal, 1 (2019) 2, S.25-29 (5 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	2652-0176
Schlagwörter	Secondary School Mathematics; Foreign Countries; Mathematics Instruction; Money Management; Mathematical Formulas; Advanced Courses; Australia + Suchen Sie Ihr Suchwort? Ausland; Mathematics lessons; Mathematikunterricht; Mathematische Formel; Fortgeschrittenenunterricht; Australien
Abstract	The simple and compound interest formulas in isolation have limited usefulness for financial planning--until the concept of a regular payment is introduced. This article presents and discusses a simple investigation given to an advanced Year 10 mathematics class, with most students looking to study Mathematical Methods in Years 11 and 12. This investigation sought to fill a gap in the money and financial mathematics content of the "Australian Curriculum: Mathematics" by inviting students to explore the amortisation formula, develop students' understanding of borrowing and saving money, and provide a context for the discussion of financial decisions that students in this age group are making and likely to make in the future. (ERIC).
Anmerkungen	Australian Association of Mathematics Teachers (AAMT). Tel: +61-8-8363-0288; e-mail: office@aamt.edu.au; Web site: https://primarystandards.aamt.edu.au/Journals
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2021/2/06