Simple interest

R295

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In 30 minutes you will work out simple interest and the amount repaid or received, rounding to the cent only at the end. You will also convert a yearly rate to a decimal and a term in months to years before calculating. And you will compare loan and deposit offers by their rand interest over the same term.

SKU: PL-MCB-NUM-31
Category:

Description

Who it’s for: Anyone in business who works with prices, costs, budgets or reports and wants to be sure the numbers are right.

What happens in it: a short film shows a café loan, an interest figure that is twelve times too big, and the one conversion that puts it right. In Your call you make the decisions in a real case: a roaster loan, an interest budget it breaks, and three ways to fix it. Then, in the boardroom, you make the case to Imtiaz, the finance director, in three questions.

How it works: five scenes in about 30 minutes: the data film, the lesson, Your call, practice with fresh numbers that mark themselves, and the boardroom. Finish all five for your certificate. It is course 1 of 5 in the Money over time season of the Numbers for Business series.

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