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ERIC Number: EJ891804
Record Type: Journal
Publication Date: 2010
Pages: 11
Abstractor: ERIC
Reference Count: 5
ISBN: N/A
ISSN: ISSN-0819-4564
Investment Return Calculations and Senior School Mathematics
Fitzherbert, Richard M.; Pitt, David G. W.
Australian Senior Mathematics Journal, v24 n1 p7-17 2010
The methods for calculating returns on investments are taught to undergraduate level business students. In this paper, the authors demonstrate how such calculations are within the scope of senior school students of mathematics. In providing this demonstration the authors hope to give teachers and students alike an illustration of the power and the utility of the mathematics they are working with in the senior school classroom which in turn can be a source of motivation for them. This paper bridges the gap between calculations of rates of return and the senior mathematics syllabus. It defines precisely what they mean by a rate of return on an investment and describes how a business might determine a rate of return it requires before making an investment or before undertaking a new venture. The authors provide a thought-provoking challenge to capable senior students. (Contains 2 tables, 2 figures and 4 footnotes.)
Australian Association of Mathematics Teachers (AAMT). GPO Box 1729, Adelaide 5001, South Australia. Tel: +61-8-8363-0288; Fax: +61-8-8362-9288; e-mail: office@aamt.edu.au; Web site: http://www.aamt.edu.au
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Australia