Diagnostic Quiz on Investments and Loans
Subtopics of Investments and Loans
F4.1 - Investments and F4.2 - Depreciation and loans- This topic will calculate and compare the values of different investments including shares so over a period of time, we can understand the concepts of reducing balance loans and look at the depreciation of an asset.
You will learn to calculate the Future Value \((FV)\), Present Value \((PV)\), using an interest rate of \(r\). This will allow you to compare different investment strategies and performing appropriate calculations when needed.
You will learn the application of depreciation of real world problems. When you drive a brand new car out of the car lot, is it still worth the same in 1 day, 1 year, 10 years? You will also learn about repayments of loans to determine the total loan amount and monthly repayments. You will use this knowledge to solve practical problems relating to credit cards.