Commercial Arithmetic | Week 3

Performance Objectives

• Simple interest
• Compound Interest
• Depreciation
• Annuity
• Discounts and Commissions 

PERFORMANCE OBJECTIVES

By the end of this topic, the student should be able to:

1. Calculate the simple interest given the principle, rate, and time.
2. Calculate the compound interest using formula
3. Determine the depreciation value of an item.
4. Compute the annuities of a given problem.
5. Solve further problems in capital market using logarithm table.