MAT112 WEEK 7

LEARNING OBJECTIVE 1: 

Students need to know concept of annuity and its terminologies.

👉🏼 Refer Pg. 69

👉🏼 Watch Video V1W7 above(from start until minute 10:29)

LEARNING OBJECTIVE 2: 

Students need to know how to calculate future value (S) of an annuity and interest (I).

👉🏼 Refer Pg. 70 - 72

👉🏼 Watch Video V1W7 (from minute 10:30 until minute 52:01)

👉🏼 Redo Example 7 Pg. 70

👉🏼 Do Exercise 18 (No. 1 - 4) Pg. 71 - 72

LEARNING OBJECTIVE 3: 

Students need to know how to calculate present value (A) of an annuity and interest (I).

👉🏼 Refer Pg. 73 - 75

👉🏼 Watch Video V1W7 (from minute 52:02 until minute 1:36:00)

👉🏼 Redo Example 8 Pg. 73

👉🏼 Do Exercise 19 (No. 1 - 6) Pg. 74 - 75

LEARNING OBJECTIVE 4: 

Students need to know how to calculate outstanding loan and outstanding arrears.

👉🏼 Refer Pg. 76

👉🏼 Watch Video V1W7 (from home 1:36:01 until the end of video)

👉🏼 Redo Example 9 Pg. 76