About
TEACHER GUIDED SECTIONS: In this program, you will: • use simple and compound growth formulae to solve problems (including straight line depreciation and depreciation on reducing balance. • understand the effect of different periods of compounding. • convert a nominal interest rate to an effective interest rate and vice versa • use timelines to do calculations with additional deposits and/or withdrawals • use timelines to do calculations with interest rate changes. EXAMINATION AND TEST PREPARATION SECTIONS Units in this section will assist you as you prepare for your examinations and tests. The questions are appropriate for both DBE and IEB examinations. Each question is explained in detail in the video tutorial. It is recommended that you follow the following steps in these sections: • Check the whole question in the section introduction and try all the questions before proceeding to the steps • Procced to the steps and do the questions one at a time • Once you have answered the question, check the answer (memo) and mark your work • Learn from the video tutorial (Note: you will understand the video tutorial better if you have tried the question(s) on your own first) All the best in your tests and examinations.
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