Financial Maths - Sligo Education Centre

Sligo Education Centre
Ionad Oideachais Shligigh
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Financial Maths with Sean Murphy
Sept 5/12/19/26  (7pm - 8pm)
Note: Typed notes and instructional videos with worked solutions to exam questions will be provided as part of the course material.
 
Session 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
 
Session 2
 
·       Savings and Geometric Series
 
·       Converting Interest Rate from Annual to Monthly/Weekly Rate
 
·       Exam Questions on Savings
 
Session  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
 

Address:
ATU Campus, Ballinode,Co Sligo.
Tel: (071) 9138700


Contact Us:
Email:info@ecsligo.ie
Web: www.ecsligo.ie
EIRCODE:F91 WFW9

Contact Us:
Email:info@ecsligo.ie
Web: www.ecsligo.ie
EIRCODE:F91 WFW9

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