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  Linked activity: Modelling profit and loss with linear and quadratic functions

Define the following terms in your own words. Vertex Line of symmetry Parabola Minimum Maximum Identify the leading coefficient, middle coefficient and constant in the following functions. f(x)=x2-4x+4 f(x)=2x2+12x+50 f(x)=2x2+12x+40 f(x)=-x2-3x+4 f(x)=x2-20x+77 f(x)=2x2-5x+7 Question Leading coefficient Middle coefficient Constant a…

You can either pay or earn interest depending on whether you are borrowing or investing money. The amount of interest you pay or earn depends on the interest rate and the amount of money you borrowed or invested at the outset, or the principal. Interest can be calculated in two ways: simple interest or compound interest. Simple interest is calculated on the principal, or original, amount of a loan or investment. Compound interest is calculated…

  Linked activity: Simple versus compound interest

You have $600 to invest and have 2 options: Compound Investment Compound interest rate: 6% per year. Simple Investment Simple interest rate: 7% per year You decide to invest $300 in each account. How much will you have in each account at the end of each year? Show your working. Years Value at Compound Investments ($) Value at Simple Investments ($) 0 300.00 300.00 1 2…

 Part 1: Consolidating your superImagine you have 3 different casual jobs over the next few years. Because you didn’t nominate a super fund when you started each job, your employer chose your super fund on your behalf. Each of your 3 employers chose a different fund.Below is a table of your super account balances, returns and costs in the third year.Eva's super accountsCurrent balanceAnnual returnReturnNew balanceAnnual fees and chargesFees…

Let’s apply your learning about superannuation to your own situation! Step 1: Choose a job Choose a career that interests you. Research the salary you can expect to earn. There are several websites that will help. Type ‘job salaries in Australia’ into a search engine. What can you expect to earn each year? Step 2: Choose a superannuation fund If you haven’t already viewed Choosing a super fund, or need a refresher, view it now.…

Tax models