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Lesson 9
Lesson 9
Lesson 9
Learning intentions:
Success criteria:
On successful completion of this lesson, students will be able to
9.3
9.4
Time
5
mins
Students respond from their list.
Students respond from their list.
Students participate in the discussion.
Calculation of %depreciation:
15
mins
15
mins
Students respond with their observations.
- Teacher will then demonstrate the use of the formula
to calculate average annual %depreciate between 2016
Students will watch and take the notes.
price and 5 years old car price.
20
mins
Students will perform the calculation.
Students will watch and practice with the
teacher.
Students will use the online calculator and test
their above calculations.
Introduction to inflation:
15
mins
20
mins
10
mins
Activity resources:
Asset List
Asset Name
1.
increase / decrease
2.
increase / decrease
3.
increase / decrease
4.
increase / decrease
5.
increase / decrease
6.
increase / decrease
Car Prices
Age of car
Price
Year
2016 price
4 years old
1 year old
5 years old
2 years old
6 years old
3 years old
7 years old
Price
Calculation of depreciation:
% =
https://www.moneysmart.gov.au/tools-and-resources/calculators-andapps/compound-interest-calculator
http://www.rba.gov.au/calculator/