Level 3 Personal finance
Credit cards
Students use a recurrence relation to work out how long it takes to pay off a credit card loan and how much it costs. They can use a graphic calculator and/or spreadsheet to do the working.
Teacher spreadsheet
Student sheets 2007 Student sheets 2007
Teacher notes 2007 Teacher notes 2007
House price moving averages
This activity uses UK house prices to introduce moving averages and weighted moving averages.
Slides
Student data
Student sheets Word
Student sheets pdf
Teacher notes Word
Teacher notes pdf
Teacher answers
Annual Percentage Rate (APR)
Students calculate the APR in the simplest case where a sum of money is borrowed at a particular time and paid back, with interest, in a single payment at a later date.
Slides
Student sheets Word
Student sheets pdf
Teacher notes Word
Teacher notes pdf
APR with more than one instalment
This resource shows students how to check and then find the APR in more difficult cases when a loan or debt is repaid in several annual instalments.
Slides
Student spreadsheet
Student sheets Word
Student sheets pdf
Teacher notes Word
Teacher notes pdf
Measuring inflation using Laspeyres index
Students use a formula to calculate Laspeyres index to obtain a measure of price changes during different periods of time. They use a spreadsheet and/or a calculator to do the working.
Slides
Student sheets Word
Student sheets pdf
Teacher notes Word
Teacher notes pdf
Working with percentages
Use this activity to check what percentage methods students use, and to encourage them to use efficient multiplier methods.
Slides
Student sheets Word
Student sheets pdf
Teacher notes Word
Teacher notes pdf