Leaving Certificate Financial Maths Course: Online Series of 4 Sessions

Online Financial Maths Course: Series of 4 Sessions

DATE:        4 Classes, 1 hour each on Thursdays, 21 Jan to 11 Feb 2021
TIME:          7pm to 8pm
VENUE:      Zoom Meeting

Target audience: Teachers of Leaving Certificate Higher Level Maths.

Class 1 

• Present Value and Future Value
• The Compound Interest Formula
• Using Logs to Solve for t in Compound Interest Formula
• Terminology –  APR/EAR/AER/CAR/Annuities/Amortisation/Mortgages/Pensions/Bonds
• Link between Compound Interest Formula and Inverse Functions

Class 2  

• Savings and Geometric Series
• Converting Interest Rate from Annual to Monthly/Weekly Rate
• Exam Questions on Savings

Class 3  

• Loans and Geometric Series
• Amortisation Formula
• Exam Questions on Loans and Amortisation Formula

Class 4  

• Pensions/Bonds
• Depreciation
• Exam Questions on Pensions

Learning Outcomes

• Be able to manipulate the compound interest formula
• Be able to convert from annual interest rate to monthly/weekly rate
• Be able to work out questions involving savings/annuities
• Be able to work out questions involving loans/amortisation
• Be able to prove the amortisation formula
• Be able to work out questions involving pension plans / bonds / depreciation
• Be able to distinguish between the different types of exam question
• Be able to use new techniques and resources for teaching financial maths at leaving cert honours level

Tutor - Seán Murphy

Seán Murphy has been teaching Maths, Physics and Applied Maths to Leaving Cert Honours level for the last 10 years in CBS Ennistymon, Co. Clare. He also teaches Junior Cycle Science and Coding.

He has also previously given Easter Revision Courses for Leaving Cert Honours Maths students in Ennis, Co. Clare and at Brú na Páirce, Killarney.

Seán is currently chairman of the Clare/Limerick branch of the IMTA (Irish Maths Teachers’ Association).