Reviews
Join These Successful Learners
I love Financial Math now!
Amahle Zikalala
I literally used to hate financial before this because I didn't know anything, but now I love it ! I now know how to answer every financial math question. De...
Read MoreI literally used to hate financial before this because I didn't know anything, but now I love it ! I now know how to answer every financial math question. Definitely looking forward to the exam now lol. Thanks Levy !!
Read LessGreat, as always!
James Carter
Easy to understand, engaging, and efficient. Most people (like me) grasp the basic concepts of finance but struggle with the application because of how ambig...
Read MoreEasy to understand, engaging, and efficient. Most people (like me) grasp the basic concepts of finance but struggle with the application because of how ambiguously the examiners phrase the questions. Levy helped break all the complex wording down into bite size chunks! Highly recommend this course :)
Read LessCourse curriculum
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Calculating the effective interest rate.
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Calculating the monthly installment on a loan
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Calculating the outstanding balance on a loan
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Working out the interest rate for a reducing balance question
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Calculating the percentage of the original value of an item that has depreciated over time
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Getting the monthly installment after a deposit has been made.
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EXERCISE - Getting the outstanding balance on a loan
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What percentage of loan repayments went towards paying the interest
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Comparing the interest rates between 2 depreciating options
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How many months needed to pay off this loan
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Installments on a home loan
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Putting money aside for a holiday
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Proving that a future value is above a certain number
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EXERCISE - How to get the outstanding balance on a loan.
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Number of months needed to pay off the balance on a loan
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How many payments of R4000 will be made while paying off a loan
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Determining the nominal rate compounded quarterly
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Determining the percentage of the depreciated value compared to the original
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Comparing the returns on 2 different investment strategies
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How to properly draw and use a timeline to answer a question
FREE PREVIEW
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Determining the minimum percentage profit on shares over a certain time period
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Determining if someone will be able to pay off their loan based on their repayment strategy
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Using a timeline to determine how much value investments will accumulate to.
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How to use info from a timeline all in one go.
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Quick short way to use ratios in financial math
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EXERCISE - Working with percentages and the future value annuities formula.
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Using a timeline to determine the original value of a loan
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Making sure you don't get confused when loan payments a missed
FREE PREVIEW -
Final Payment on a loan
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How to calculate the value of a sinking fund
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What to do when yearly withdrawals are made from a sinking fund
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About this course
- R199.00 / month with 3 day free trial
- 31 lessons
- 6 hours of video content
Course Description
Prepare confidently for the Financial Math section of your exam. Master Future and Present Value Annuities, Balance on a Loan, Reducing Balance, Compound Interest, Sinking Funds, and Timelines with this course. Feel fully prepared and confident after your Math Paper 1 test/exam.
Instructor
Levy From Bright Young Brains