This lesson resource introduces the concepts of interest and annuities, which are essential in understanding financial mathematics. The module covers simple and compound interest calculations, as well as the principles behind annuities, including the determination of present and future values. Students will apply these concepts to solve real-life financial problems involving investments, loans, and savings plans.
Objective
Curriculum Information
Education Type
K to 12
Grade Level
Grade 11
Learning Area
Content/Topic
Basic Business Mathematics
Intended Users
Educators
Competencies
Calculates the fair market value of a cash flow stream that includes an annuity
