Financial Maths

Financial Maths

Note: Typed notes and instructional videos with worked solutions to exam questions will be provided as part of the course material.

Workshop 1

·       Present Value and Future Value

·       The Compound Interest Formula

·       Using Logs to Solve for t in Compound Interest Formula

·       Terminology –  APR/EAR/AER/CAR/Annuities/Amortisation/Mortgages/Pensions/Bonds

·       Link between Compound Interest Formula and Inverse Functions

Workshop 2

·       Savings and Geometric Series

·       Converting Interest Rate from Annual to Monthly/Weekly Rate

·       Exam Questions on Savings

Workshop 3

·       Loans and Geometric Series

·       Amortisation Formula

·       Exam Questions on Loans and Amortisation Formula

Session 4

·       Pensions/Bonds

·       Depreciation

·       Exam Questions on Pensions

Learning Outcomes

·       Be able to manipulate the compound interest formula

·       Be able to convert from annual interest rate to monthly/weekly rate

·       Be able to work out questions involving savings/annuities

·       Be able to work out questions involving loans/amortisation

·       Be able to prove the amortisation formula

·       Be able to work out questions involving pension plans / bonds / depreciation

·       Be able to distinguish between the different types of exam question

·       Be able to use new techniques and resources for teaching financial maths at leaving cert honours level

Course Properties

Course date 05-09-2022 7:00 pm
End Date 26-09-2022 8:00 pm
Fee Free
Speaker Sean Murphy (www.hardsums.ie)
Select Hours 4
Location Online

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Sligo Education Centre

Contact details

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Address: IT Campus, Ballinode, Sligo 
Eir Code: F91 WFW9 
Phone: +353 71 9138700 
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