Financial Maths

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Deirdre Casey

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Deirdre Casey

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Ready to use

8 years, 11 months ago

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Deirdre Casey 8 years, 11 months ago

Gave some feedback: Ready to use

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Deirdre Casey 8 years, 11 months ago

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Question groups

Group 19 questions

1.
Ready to use

Match the question with the correct formula. rebelmaths
2.
Ready to use

Compound interest. rebelmaths
3.
Ready to use

rebelmaths
4.
Ready to use

rebelmaths
5.
draft

Calculate the final amount in a savings account where compound interest is earned annually
6.
Ready to use

Calculate the annual interest rate for a savings account where A, P and n are given. rebelmaths
7.
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Compare two savings accounts with different interest rates. rebelmaths
8.
draft

Compare two loans with different interest rates.
9.
draft

Find the present value of an amount where interest is compounded annually
10.
draft

Interest rate does not match compounding period. Find much money should be invested at $r$ % per annum so that after $y$ years the amount will be £ $A$ , interest compounded daily.
11.
draft

A pharmaceutical company wishes to accumulate € $\var{A}$ to upgrade its manufacturing plant in $3$ years time.
12.
draft

The loan must be repaid to the bank in three equal repaymentsCalculate:(i) how large each repayment will need to be(ii) the total amount of interest that the company will pay to the bank over the four years.
13.
Ready to use

A 1-year lease for a company car requires a payment of €280 at the end of each month. Find the present value of these payments if the annual interest rate is 7% compounded monthly. rebelmaths
14.
Ready to use

A savings account earns compound interest at 1.5% per month.Calculate the equivalent annual rate of interest rebelmaths
15.
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A credit card company charges compound interest at x% per month on unpaid balances. rebelmaths
16.
draft

Find i using compound interest formula A=P(1+i)^n rebelmaths
17.
Ready to use

To provide for retirement an employee deposits R at the end of each month in an account that earns $perc% annual interest compound monthly. What is the future value of the annuity in nyears? rebelmaths
18.
Ready to use

An investment of €x invested today will give a return of €y in n years time Calculate the net present value (NPV) of the investment given that the discount rate is 3.5% per annum. rebelmaths
19.
Ready to use

An investment of x invested today will give a return of €y in n1 years time and a further €z n2 years from today. Calculate the net present value (NPV) of the investment given that the discount rate is perc% per annum. rebelmaths

Topics

No topics have been defined.

Diagnostic algorithm

Extend built-in algorithm?

Base diagnostic algorithm

state (Produces the initial value of the state object): // should be renamed "initial_state"
    [
        "topics": map(
            [
                "topic": topic,
                "status": "unknown" // "unknown", "passed", or "failed"
            ],
            topic,
            values(topics)
        ),
        "retries": 3,
        "finished": false,
    ]

topics_by_objective (A dictionary mapping a learning objective name to a list of indices of topics):
    dict(map(
        let(
            ltopics, values(topics),
            indices, filter(lo["name"] in ltopics[j]["learning_objectives"], j, 0..len(ltopics)-1),
            [lo["name"],indices]
        ),
        lo,
        learning_objectives
    ))

unknown_topics (Which topics are still unknown?): 
    map(x["topic"],x,filter(x["status"]="unknown",x,state["topics"]))

first_topic (The first topic to pick a question on):
    unknown_topics[floor(len(unknown_topics)/2)]["name"]

first_question (The first question to show the student):
    random(topics[first_topic]["questions"])

get_dependents (An expression which gets the topics to update after answering a question):
    expression("""
        [target] + flatten(map(eval(get_dependents,["target":t,"correct":correct]),t,topics[target][if(correct,"depends_on","leads_to")]))
    """)

correct (Did the student get the current question right?):
    current_question["credit"]=1

after_answering (Update the state after the student answers a question):
    let(
        ntopics, eval(get_dependents,["target":current_topic,"correct":correct])
    ,   nstate, state + ['topics': map(
                    if(tstate["topic"]["name"] in ntopics, tstate + ["status":if(correct,"passed","failed")], tstate),
                    tstate,
                    state["topics"]
                )]
    , nstate
    )

action_retry (Use up one retry and visit the same topic again):
    [
        "label": translate("diagnostic.use retry"),
        "state": state + ["retries": state["retries"]-1],
        "next_question": random(topics[current_topic]["questions"])
    ]

action_stop (Stop the exam):
    [
        "label": translate("diagnostic.end test"),
        "state": state,
        "next_question": nothing
    ]

action_move_on (Move to the next topic, or end the exam if there are no more):
    let(
        state, after_answering,
        immediate_next_topics, topics[current_topic][if(correct, "leads_to", "depends_on")],
        unknown_topics, map(x["topic"],x,filter(x["status"]="unknown",x,state["topics"])),
        unknown_immediate_topics, filter(x["name"] in immediate_next_topics,x,unknown_topics),
        next_topics, if(len(unknown_immediate_topics), unknown_immediate_topics, unknown_topics),
        finished, len(next_topics)=0 or state["finished"],
        topic,
            if(not finished,
                next_topics[floor(len(next_topics)/2)]["name"]
            ,
                nothing
            ),
        [
            "label": translate("diagnostic.move to next topic"),
            "state": after_answering,
            "next_question": if(not finished, random(topics[topic]["questions"]), nothing)
        ]
    )

can_move_on:
    action_move_on["next_question"]<>nothing

next_actions (Actions to offer to the student when they ask to move on):
    let(
        feedback, retries_feedback+"\n\n"+translate("diagnostic.next step question")
    ,   [
            "feedback": feedback,
            "actions": if(not correct and state["retries"]>0, [action_retry], []) + if(can_move_on,[action_move_on],[action_stop])
        ]
    )

after_exam_ended (Update the state after the exam ends):
    let(
        state, after_answering,
        ntopics, map(t+["status": if(t["status"]="unknown","failed",t["status"])],t,state["topics"]),
        state+["finished": true]
    )

finished (Is the test finished? True if there are no unknown topics):
    len(unknown_topics)=0 or state["finished"]

total_progress:
    let(
        num_topics, len(state["topics"]),
        known, filter(tstate["status"]<>"unknown",tstate,state["topics"]),
        passed, filter(tstate["status"]="passed",tstate,known),
        num_known, len(known),
        num_passed, len(passed),
        [
            "name": translate("control.total"),
            "progress": if(num_topics>0,num_known/num_topics,0), 
            "credit": if(num_known>0,num_passed/num_topics,0)
        ]
    )

learning_objective_progress:
    map(
        let(
            tstates, map(state["topics"][j],j,topics_by_objective[lo["name"]]),
            known, filter(tstate["status"]<>"unknown",tstate,tstates),
            passed, filter(tstate["status"]="passed",tstate,known),
            num_topics, len(tstates),
            num_known, len(known),
            num_passed, len(passed),
            ["name": lo["name"], "progress": if(num_topics>0,num_known/num_topics,0), "credit": if(finished,num_passed/num_topics,if(num_known>0,num_passed/num_known,0))]
        ),
        lo,
        learning_objectives
    )

progress (Progress on each of the learning objectives, plus total progress):
    learning_objective_progress+
    total_progress

retries_feedback:
    translate("diagnostic.now assessing topic", ["current_topic": current_topic]) + " " +
    let(
        retries, state["retries"], 
        pluralise(retries, translate("diagnostic.one retry left"), translate("diagnostic.retries left", ["retries": retries ]))
    )
    + " " +
    let(
        p,total_progress["progress"],
        percentage, dpformat(100p, 0),
        translate("diagnostic.percentage completed", ["percentage": percentage])
    )

weak_objective_threshold (The amount of credit below which a learning objective is considered weak):
    0.6

finished_feedback:
    let(
        weak_objectives, filter(p["credit"]<weak_objective_threshold, p, learning_objective_progress),
    //
        translate("diagnostic.test is over") + " "
        +
        if(len(weak_objectives)=0,
            translate("diagnostic.passed all lo")
        ,
            translate("diagnostic.more work on lo", ["los": 
                join(map(lo["name"], lo, weak_objectives),", ")])
        )
    )

feedback:
    if(finished,
        finished_feedback,
        retries_feedback
    )

Custom diagnostic algorithm

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Checkpoint description

Deirdre Casey 8 years, 11 months ago

Deirdre Casey 8 years, 11 months ago

Question groups

Topics

Learning objectives

Base diagnostic algorithm

Custom diagnostic algorithm

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