Reducing balance loans, annuities and investments

General Maths Units 3 and 4 (2023+)

Introduction

This is the third video on the series looking at financial mathematics for the Year 12 General Maths course at Unit 3 and 4 level. Amortisation tables seem to be really important and something which can lose students a number of marks in the end of year exam and SACs so I spend some time looking at what they are, how to read them, and how to find the values of missing numbers. Whilst the video is longer than I would normally create, I wanted to make sure there were lots of worked examples (including VCAA questions) so every student has a chance to smash this topic.

LEGAL STUFF (VCAA)

VCE Maths exam question content used by permission, ©VCAA. The VCAA is not affiliated with, and does not endorse, this video resource. VCE® is a registered trademark of the VCAA. Past VCE exams and related content can be accessed at www.vcaa.vic.edu.au

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