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HSC Mathematics Standard 2 exam: Mon 19 Oct, 9:20am — 9 days away

ATARMAxxing · HSC Mathematics Standard 2 revision notes

Using FV/PV tables and spreadsheets to model annuities

Tables and technology
4 · Financial Mathematics: Annuities

What this note covers

  1. What is an annuity? A brief recap
  2. Reading and using future-value interest factor (FVIF) tables
  3. Reading and using present-value interest factor (PVIF) tables
  4. Working backwards: finding the payment from a table
  5. Modelling annuities with technology and spreadsheets
  6. Comparing table method vs spreadsheet: when to use each
  7. Exam-style extended example: investigating a superannuation scenario

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

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