College Mathematics/Financial Mathematics
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Financial Mathematics
Objectives and Skills[edit | edit source]
Objectives and skills for the financial mathematics portion of CLEP College Mathematics include:[1]
- Percents, percent change, markups, discounts, taxes, profit, and loss
- Interest: simple, compound, continuous interest, effective interest rate, effective annual yield or annual percentage rate (APR)
- Present value and future value
- Applications
Readings[edit | edit source]
Multimedia[edit | edit source]
Activities[edit | edit source]
- Review the following MathsIsFun resources and complete the questions at the bottom of each page:
- Percents
- Interest
- Present value