This resource is part of a collection of Nuffield Maths resources exploring Personal Finance. The demand is roughly equivalent to that in GCE A level. The resources include slide shows to introduce the topics, student sheets and teacher notes, as well as other relevant materials.
Students calculate the Annual Percentage Rate (APR) in the simplest case where a sum of money is borrowed at a particular time and paid back, with interest, in a single payment at a later date.
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