Study Guide

Objective

Students
-can apply to the different mathematical methods needed in business life, for example percentage calculation, index numbers, purchasing power and inflation, foreign currencies and interest calculations.
-can compute compound interest
-understand and can solve problems about periodic payments
-can do investment calculations

Content

Percentage calculation, index calculations, purchasing power and inflation, currency calculations, interest rate calculation and pricing calculations
Compound interest rate calculation, investment calculations and optimization calculations

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

The student is able to recognize and understand the essential theories, principles and methods regarding:
Percentage calculation
Index numbers
Foreign currencies
Pricing and VAT
Simple interest and discounting
Compound interest
Solve problems about periodic payments
Investment calculations

Assessment criteria, good (3)

The student is able to utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based regarding:
Percentage calculation
Index numbers
Foreign currencies
Pricing and VAT
Simple interest and discounting
Compound interest
Solve problems about periodic payments
Investment calculations

Assessment criteria, excellent (5)

The student is able to utilize theories, concepts and methods consistently in various situations regarding:
Percentage calculation
Index numbers
Foreign currencies
Pricing and VAT
Simple interest and discounting
Compound interest
Solve problems about periodic payments
Investment calculations

Qualifications

None