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Topics
Discrete Functions - Finance
Simple interest using recursive formula
Graphs of Simple Interest
Compound Interest - an Introduction
Compound Interest - Compounding variations
Compound Interest - Finding other values
Differing frequencies (payments and compounding interest)
Modelling Compound Interest
Simple VS Compound
Savings Accounts
Account Fees and Charges
Credit Cards
Dividends and Shares
Bonds, Term Deposits and Debentures
Inflation and Appreciation
Future and Present Value
Introduction to Annuities
Practice
Modelling Annuities
Annuity Calculations
Model Annuities using Recursion Methods
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CanadaON
Grade 11

Introduction to Annuities

Lesson
Practice

Outcomes

11U.C.3.5

Explain the meaning of the term annuity, and determine the relationships between ordinary simple annuities, geometric series, and exponential growth, through investigation with technology

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