ABOUT THE MODULE
In order to meet the demanding world for students not able to attend classes all the time due to commitments or geographical issues we have decided to expand our offering to cater for all students as we strive to keep up with the Fourth Industrial Revolution(4IR). Due to COVID-19 pandemic venue based classes have been temporarily suspended. We offering Zoom online classroom, consultation via Zoom and videos to ensure that you have all the resources you need on your journey to be a graduate.
The aim of this module is to help student gain insight in deriving and applying the fundamental formulae of financial mathematics. The skills acquired enables the student to be a valuable asset to the organization in data analysis which forms part of the critical activities in maximizing the value of the firm.
For this module you will need the study guide as there is no prescribed textbook. The choice of the calculator is up to you whether its SHARP or HP. As we go through the curriculum the lecturer will show you the steps to use both calculators.
STUDY UNIT 1: Introduction
STUDY UNIT 2: Simple interest and discount
STUDY UNIT 3: Compound interest and equations of value
STUDY UNIT 4: Annuities
STUDY UNIT 5: Amortisation and sinking funds
STUDY UNIT 6: Evaluation of Cash flows
STUDY UNIT 7: Bonds and debentures
STUDY UNIT 8: The handling of data
We will cover at least four past papers and review current semester’s assignments. If students have other questions they encounter during revision they will get assistance as well.
NB! THE PURCHASE OF THIS MODULE GRANTS YOU ACCESS UNTIL YOU SIT FOR YOUR EXAMINATION FOR THE MODULE