Grade 12 Mathematical Literacy Finance (interest, banking, inflation)


1. A student has to know important terms and their explanations of finance which includes sale price, deposit, loan amount, interest rate, interest, loan length, monthly repayment, real cost of the loan, interest paid on a loan.

2. Learner has to know loan model table, loan condition according to months from opening to the closing balance.

3. Factors that reduce the total amount owed.

4. The learner has to know how to draw different kind of graphs and how to analyse an already given graph.

5. Learner has to know type of investments.