This 20-lesson unit explores how money works in the real world — from your first payslip to buying a car on terms. You will calculate wages, simple and compound interest, depreciation, and learn to make informed financial decisions.
Solves financial problems involving simple interest, earning money and spending money.
Solves financial problems involving compound interest and depreciation.
Solves measurement problems by using scientific notation to represent numbers and rounding to a given number of significant figures.
Hourly rates, overtime, penalty rates and the payslip
02Commission, piece work and royalties
03Understanding your payslip: tax, super and leave loading
04Income tax brackets, PAYG withholding and tax returns
05Creating budgets, tracking expenses and setting savings targets
Covers Lessons 1–5
Calculating GST and comparing value for money
07Deposits, repayments and the true cost of lay-by
08Investigating BNPL schemes and hidden costs
09The formula I = P × r × n
10Investments, loans and rearranging the formula
Covers Lessons 6–10
Understanding compounding year by year
12A = P(1 + r)ⁿ for different time periods
13Tables, graphs and long-term behaviour
14Declining balance method and asset value
15Mixed problems and evaluating loan products
Covers Lessons 11–15
Comparing bank products and real returns
17Taxable income, tax brackets and super guarantee
18Economic contexts and Closing the Gap
19Scientific notation and significant figures
20Integrated project and review
Covers Lessons 16–20
Full unit assessment