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KR Gr.12 Math Lit: Loans and Investments notes (23 pages) [PDF]

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Description

Author: Karelien Kriel

Number of pages: 23

Notes

Types of interest

  • Simple interest [notes and example]
  • Compound interest: investment [notes and example]
  • Compound interest: depreciation [notes and example]

Loans

  • Explanation, advantage and disadvantage
  • Hire-purchase agreements [notes and example]
  • Loans

(1) Personal lones [notes and 2 examples]

(2) Car loans [notes and 2 examples, including balloon payment]

(3) Home loan [notes and example]

Investment

  • Annuity [notes]
  • Stokvel [notes and example]

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