Core maths year 10 — Financial Mathematics + 5 more topics

Financial mathematics primarily deals with the time value of money (TVM). This means a dollar today is worth more than a dollar tomorrow because of its potential earning capacity. The key concepts are interest, future value, and present value.

Photo by Brett Sayles on Pexels

Photo by Ann H on Pexels

First, let's name the sides of a right-angled triangle relative to a reference angle (the angle you're working with, which isn't the 90-degree one).

• Hypotenuse: This is always the longest side and is directly opposite the right angle.
• Opposite: This side is directly across from your reference angle.
• Adjacent: This side is next to your reference angle and isn't the hypotenuse.

y = ax² + bx + c

Here, 'a', 'b', and 'c' are just numbers (constants), and 'a' can't be zero (otherwise it'd just be linear!).

Linear equations are super useful for showing how two things are connected in a simple, predictable way. The most common form you'll see is:

y = mx + c

Let's break down what each part means: