Connect the ideas
Use the original amount as the base for percentage change.
Convert annual rates to decimals and time to years in simple-interest models.
Separate fixed and variable costs; compare whole rules, not only their intercepts.
A budget needs all costs, reserves and realistic income assumptions.
Quadratic models have changing first differences; justify the context and domain.
Check units, substituted solutions, rounding and practical limits.
Practice tests
Complete each paper and show your working.
Financial mathematics — Practice 1
16 questions · 44 marks · 60 minutes · Scientific calculator
Financial mathematics — Practice 2
16 questions · 44 marks · 60 minutes · Scientific calculator
Financial mathematics — Applications
16 questions · 49 marks · 60 minutes · Scientific calculator
