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HSC Mathematics Advanced exam: Mon 19 Oct, 9:20am — 9 days away

ATARMAxxing · HSC Mathematics Advanced revision notes

Annuities and Loan Repayments

Modelling Financial Situations
4 · Financial Mathematics

What this note covers

  1. What Is an Annuity?
  2. Future Value of an Annuity
  3. Present Value of an Annuity
  4. Loan Repayment Problems: Finding Outstanding Balance and Loan Term
  5. Superannuation and the Future Value Formula in Practice
  6. Selecting and Applying the Correct Formula
  7. Connecting Annuities to Geometric Series (Syllabus Link)

7 sections · 14 key terms & formulas · 6 common mistakes

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