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Financial Decision Making and Data Analysis

   

Added on  2020-02-12

14 Pages2574 Words85 Views
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NUMERACY
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TABLE OF CONTENTSSECTION 1......................................................................................................................................1TASK 1............................................................................................................................................1TASK 2............................................................................................................................................3SECTION 2......................................................................................................................................4QUESTION 1...................................................................................................................................4QUESTION 2...................................................................................................................................5QUESTION 3...................................................................................................................................6QUESTION 5...................................................................................................................................8QUESTION 6.................................................................................................................................10QUESTION 7.................................................................................................................................11
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SECTION 1TASK 1Weeks 1-2I know how to....I can dowellI needpracticeI’m notsureI can’tdo11I understand what a power is11I can perform calculations andsimplifications using power11I understand what a root is11I can perform calculations andsimplifications using roots, using ascientific or financial calculator ifrequiredWeeks 3-4I know how to....I can dowellI needpracticeI’m notsureI can’tdo11I understand the idea of simple interest11I can perform simple interest calculations11I understand the idea of compoundinterest11I can perform compound interestcalculations using a calculator if required11I understand the Rule of 72 (or 69 or 70)and can apply it.Weeks 5-6I know how to....I can dowellI needpracticeI’m notsureI can’tdo111I understand the idea of a linear1
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relationship between two variables111I can manipulate a linear equation tosolve for a variable111I can construct a scatter plot from a setof data (a linear relationship applies) andapply a line of best fit.111I understand the y-intercept and slope(gradient) of a graph and their meaningto real situations ().111I can use the scatter plot produced inpart (12) to derive a linear relationshipbetween two variables ().111I can use the relationship from part (14)to extrapolate and interpolateWeek 7I know how to....I can dowellI needpracticeI’m notsureI can’tdo111I understand the idea of the future valueof money111I understand the idea the net presentvalue (NPV) of a project111I can complete a net present valuecalculation, using a calculator if requiredWeek 8I know how to....I can dowellI needpracticeI’m notsureI can’tdo2
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