We explore simple and compound interest, depreciation, and loan repayments. These skills help us understand financial decision-making in real-life situations.
Simple interest is calculated using the formula I = P × r × t, while compound interest uses A = P(1 + r)^t. Here, P is the principal, r is the annual interest rate, and t is time in years.
Find the simple interest on $2,000 at 5% per annum for 3 years.
I = 2000 × 0.05 × 3 = $300
Find the total amount after 4 years if $5,000 is invested at 4% p.a. compounded annually.
A = 5000(1.04)^4 = $5,832.48
Linear relationships can be represented by equations of the form y = mx + c, where m is the gradient and c is the y-intercept. We interpret and apply these models in financial and real-world contexts.
A taxi company charges a $4 booking fee plus $2 per kilometre. Write the equation and find the cost for a 10 km trip.
y = 2x + 4 → y = 2(10) + 4 = $24
Find the gradient of the line passing through (2, 5) and (8, 17).
m = (17 - 5)/(8 - 2) = 12/6 = 2
We collect, display, and analyse data using measures of central tendency (mean, median, mode) and spread (range, IQR, standard deviation).
We use statistical displays such as boxplots and histograms to describe data distributions and identify outliers.
The data set {5, 7, 7, 10, 12, 13, 15} has what median and range?
Median = 10, Range = 15 - 5 = 10
If the mean of five numbers is 12, what is their total?
12 × 5 = 60
We calculate surface area and volume of 3D shapes such as prisms, cylinders, and spheres, and apply them to real-world problems involving capacity and materials.
Find the volume of a cylinder with radius 4 cm and height 10 cm.
V = πr²h = 3.14 × 16 × 10 = 502.4 cm³
Calculate the surface area of a cube with side length 6 cm.
A = 6 × 6² = 216 cm²
We use networks to represent connections between locations or events. Concepts include vertices, edges, paths, and minimum spanning trees.
In a network of four towns (A, B, C, D), the distances are AB = 5 km, AC = 7 km, AD = 9 km, BC = 4 km. What is the shortest route from A to C?
A → B → C = 5 + 4 = 9 km
Write the adjacency matrix for a network where A is connected to B and C, and C is connected to D.