Mathematics

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Financial Mathematics

During the last year of Cultural, Social and Technical option, students are introduced to financial mathematics and become familiar with the related vocabulary. Because it is only an introduction, all calculations are performed using previously studied formulas.

The following tables present the learning content associated with financial mathematics. By basing themselves on the concepts and processes targeted, students develop the three competencies of the program, which in turn enable students to better integrate the mathematical concepts and processes presented. /p>

Introduction to financial mathematics  

Student constructs knowledge with teacher guidance.

Student applies knowledge by the end of the school year.

 

Student reinvests knowledge.

Elementary

Secondary
Cycle
One
Cycle
Two
6e 1re 2e 3e 4e 5e
  1. Describes the concepts related to financial mathematics
 
    1. Interest rates (simple and compound interest)
        CST
    TS
    SN
    1. Interest period
      CST
    TS
    SN
    1. Discounting (present value)
        CST
    TS
    SN
    1. Compounding (future value)
          CST
    TS
    SN
  1. Models financial situations
        CST
    TS
    SN
  1. Calculates compounding using the following formula :
    Cn = C0(1 + i)n
    (where Cn = future value, C0 = present value, i = interest rate and n = interest period)

    Note : Student may use technological tools.
          CST
    TS
    SN
  1. Calculates discounting using the following formula :
    C0= Cn(1 + i)-n or
    (where Cn = future value, C0 = present value, i = interest rate and n = interest period)

    Note : Student may use technological tools.
          CST
    TS
    SN
  1. Determines values or data by solving equations
          CST
    TS
    SN
  1. Compares financial situations
          CST
    TS
    SN
  1. Makes decisions, if necessary, depending on the context
          CST
    TS
    SN

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