The article focuses on the feasibility of teaching senior school students in Australia the methods of calculating the rate of return on investments. Since students know the concept of a compound interest rate, the computations for the internal rate of return (IRR) and the continuously rate of return may be taught with efficiency. The computations for equations reducible to quadratics and integration involving exponential functions are explained. Integrating such calculations into the curriculum of senior school students will reportedly allow them to be exposed to the financial world.
|Number of pages||11|
|Journal||Australian Senior Mathematics Journal|
|Publication status||Published - 2010|