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D5: Financial mathematics

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Pfeg. Pensions worries People Management. How can I save on my energy bill? Could you save yourself more than £200 a year by switching supplier?

How can I save on my energy bill?

According to a report from the Competition and Markets Authority on 18 February, 95% of the customers of the big six energy suppliers could save that much by switching tariff and/or supplier. Yet relatively few people bother to switch. About 40% of British Gas customers have been served by the company for more than 10 years, according to the CMA and, for electricity, around 50% of customers have been with their supplier for more than a decade. Why are people not switching? According to the CMA report around a third of people had never considered switching or thought it was not possible. What are the potential savings? The majority of people who gave the answers above were, according to the CMA, aged 65 and over; in social accommodation; those with no qualifications; or on lower incomes.

Biz3_00_25_11.pdf. FSMQ Level 3 Personal finance - original activities. BBC Consumer - Monthly interest calculator: the payday loan trap. 3 December 2013Last updated at 09:26 Payday loans with high interest rates are advertised as a stopgap until your next payday.

BBC Consumer - Monthly interest calculator: the payday loan trap

But what if you can't pay them back? Taking out a new payday loan every month to pay for the last one leads to spiralling costs. Young, British and Broke presenter Miquita Oliver shows the payday loan interest calculator in action. BBC Three documentary Young, British and Broke: The Truth about Payday Loans shows the stories of several young people who 'refinanced' payday loans - took out a new loan with another company to pay off the first loan, including any interest owed. Tax explained — Brightside. Getting paid — Brightside. Money — Brightside. Everything you need to know about student finance – icould. N7 using percentages to increase quantities. Ch4 VAT. Tower Hamlets Education Business Partnership - Tower Hamlets EBP. Free & impartial money advice, set up by government - Money Advice Service. Providing lesson plans and teaching resources on money management to help teachers of financial capability.

33063-Resource_Sheets_Downloadable.pdf. Introducing Financial Mathematics Pfeg. Module 7 Dev task Number Vocational. Search. Understanding the Economic Cycle. Author: Geoff Riley Last updated: Sunday 23 September, 2012 All countries experience regular ups and downs in the growth of output, jobs, income and spending.

Understanding the Economic Cycle

These fluctuations form what is known as the economic or business cycle. Boom A boom occurs when real national output is rising at a rate faster than the trend rate of growth. Some of the characteristics of a boom include: The UK enjoyed sustained growth over the last fifteen from 1993 through to the end of 2008 but for better examples of booming countries we have to look overseas. Slowdown Recession Recession and rising unemployment “There is a risk is that productive capacity in the UK economy could be permanently lost, as temporary job losses morph into long-term unemployment due to job-seekers losing skills and dropping out of the labour market” Source: IMF Blog, August 2011 A recession means a fall in the level of national output i.e. a period when growth is negative, leading to a contraction in employment , incomes and profits .

Financial Cycle BIS work395. Economy tracker: Inflation. 15 April 2014Last updated at 06:06 ET Continue reading the main story Latest news: The UK inflation rate as measured by the Consumer Prices Index (CPI) fell to 1.6% in March from 1.7% in February, according to the Office for National Statistics (ONS).

Economy tracker: Inflation

It is the third consecutive month inflation has been below the Bank of England's 2% target rate, following four years above it. The ONS said the largest factor in the lower inflation rate was stability in petrol prices, compared with the same period a year ago when they rose by 2.2p a litre. Financial Maths. Note: this information is subject to continuing review and development.

Financial Maths

Please check regularly to ensure that you are using the current versions. Students require real experiences with situations involving finance and with situations involving data. They will learn best about these concepts on an intuitive or informal level rather than standard lessons. MMM_1 - OpenLearn - Open University - MMM_1. Gain the skills to manage your personal finances: managing budgets, debts, investments, property purchase, pensions and insurance.

MMM_1 - OpenLearn - Open University - MMM_1

With real incomes falling and personal debt at a record high, there has never been a better time to improve your personal financial skills – Managing my money aims to do just that. You'll start by learning how to compile a budget and use it to make good decisions about your spending. Europe's lost art of money-making. Creative commons image Credit: Gary Edwards It’s a sign of the Eurozone’s financial plight that it’s preparing to start a Quantitative Easing (QE) programme just as America’s is drawing to a close 11.

Europe's lost art of money-making

But this monetary expansionism has, in another form, already appeared at the heart of Europe, courtesy of artist Axel Stockburger. His Quantitative Easing (for the Street) 12 has given residents of Vienna an early chance to reflect on their (and their governments’) response to the Global Financial Crisis, and the role of money more generally in establishing (or eroding) social values.

Support for teachers and students. Citizens Advice consumer education. In April 2013 the Citizens Advice service became the Government-funded provider of consumer education in Great Britain, bringing consumer advice, advocacy and education under one roof.

Citizens Advice consumer education

Our new role means we can make sure consumers are represented and supported in the best way possible. Accounting and financial statements. Three core financial statements. Accounting and financial statements. Math_handbook.pdf. Talk_money_talk_maths.pdf. Financial_Maths_Introduction. Lgr-combo-ch5.pdf. Uni of Leeds Financial maths notes-all.pdf.