# High School Finance Curriculum

Below are skills needed, with links to resources to help with that skill. We also encourage plenty of exercises and book work. Curriculum Home

*Important: this is a guide only.Check with your local education authority to find out their requirements.*

High School Finance | Money

☐ Calculate compound interest, compounded annually over a number of years at a constant annual rate of interest.

☐ Calculate compound interest, compounded over a period other than a year (a month, quarterly or semiannually) at a constant annual rate of interest.

☐ Know how to use and apply the four compound interest formulas - to find Future Value (FV), Present Value (PV), interest rate (r) or number of periods (n)

☐ Understand Present Value (PV) and how to calculate future payments from present value, or vice versa using exponents.

☐ Understand Net Present Value (NPV) and how to calculate it.

☐ Understand the Internal Rate of Return (IRR), and how to use it.

☐ Understand the risks and rewards involved in investments, how to compare investment choices, and what is meant by 'Diversify'.

☐ Calculate the value of each payment of an annuity given the present value, or vice versa.

☐ Understand the difference between wages and salary, and know how to calculate income tax.

☐ Pay

☐ Understand budgeting, how it relates to income and expenditure, and how to make the right choices to keep spending under control.

☐ Budget