Chapter 3: Consumer Mathematics: Savings and Investments, Credit and Debt
Perform calculations involving simple interest and compound interest for savings, and hence explain the impact of changes in period, rate of interest or return and compounding frequency on the future value of savings
Calculate the total amount of loan repayment and installment, with various interest rates and different loan periods
Perform calculations involving the value of return of investments, and hence explain the factors that affect the return of investments and its impacts
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