Project Description

U/S ID- 7468, NQF4 comes with 6 credits. Use mathematics to plan and control financial instruments including insurance and assurance, unit trusts, stock exchange dealings, options, futures and bonds. Use simple and compound interest to make sense of and define a variety of situations including mortgage loans, hire purchase, present values, annuities and sinking funds. Investigate various aspects of costs and revenue including marginal costs, marginal revenue and optimisation of profit. Use mathematics to debate aspects of the national and global economy, including tax, productivity and the equitable distribution of resources.