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Nuffield Foundation
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APR with more than one instalment
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.
This resource explores calculations with Annual Percentage Rate (APR) with more than one instalment. This resource shows students how to check and then find the APR in more difficult cases when a loan or debt is repaid in several annual instalments.
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