Year 10 Finance
Finance Test Revision
Simple interest variables, loan repayments, compound interest, formula choice, and table completion.
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One task per page
Start with the variable spotting, then build the exact exam skills.
The first section only asks students to identify I, P, R, and T. The later sections move through the same shapes as the finance test: total loan amount, monthly repayment, compound formula substitution, mixed formula choice, and tables.
Simple interest
I = PRT
P is principal, R is the decimal rate, and T is time in years.
Total owed
Total = P + I
For a fixed repayment plan, divide the total by years, then by 12 months.
Compound amount
A = P(1 + r)n
Use r as a decimal. Percent form is A = P(1 + r/100)n.
Learning unit
Learn the question shape
Method
Worked model
Question
Enter the values, then check.
Revision complete
Nice. The finance shapes are now separated.
Students have practised identifying the variables before calculating, then choosing between simple and compound interest.
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