# Fundamentals of Financial Mathematics

9 CPD

R2,000.00

This course is suitable for refreshing fundamental maths skills to prepare for further study. The course includes a baseline assessment to enable learners to identify development areas in their mathematical skills, and then work specifically on those areas they need to improve. Topics covered include, fractions, ratios, percentage, rate and proportion, algebra, graphs and basic time value of money calculations.

SKU: CPDFFM

## Description

Focus Area

1. Have an understanding of fractions, equivalent and decimal fractions and be able to perform basic calculations involving fractions.
2. Have an understanding of ratios, equivalent ratios and simplifying ratios and be able to perform basic calculations involving ratios.
3. Have an understanding of the meaning of percent and percentages and be able to perform basic calculations involving percentages.
4. Have an understanding of the meaning of rate and the importance of units, the meaning of unitary rate, direct and inverse proportion.
5. Have an understanding of the universal rules for mathematical operations and mathematical statements representing practical calculations.
6. Have an understanding of the basic algebraic conventions and substitution and solving simple equations.
7. Know how to plot points on a system of axes, use a formula to determine a set of points in a Cartesian Plane and interpret the pattern in a set of points.
8. Know the basic maths involved in simple and compound interest calculations and how to use a financial calculator to perform basic time value of money calculations.
9. Have an understanding of the application of fractions, ratios, percentages, rate and proportion, basic algebra, graphs and the time value of money calculations in financial planning.

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