Curriculum Money Maths Made Simple
Money Maths Made Simple
The everyday calculations behind loans, investments and shopping - how EMIs work, flat vs reducing rates, true loan costs, CAGR, XIRR, break-even, unit prices, stacked discounts, prepayments and retirement withdrawals.
- How an EMI Is Calculated How banks work out a fixed monthly instalment on a loan, why early payments are mostly interest, and how rate and tenure change the total you pay. 📄 Read-aloud
- Flat Rate vs Reducing Balance Rate Why a loan advertised at a "flat" interest rate costs far more than it seems, and how to convert it to a comparable reducing balance rate. 📄 Read-aloud
- The True Cost of a Loan: Fees and APR How processing fees, insurance and other charges raise the real cost of a loan above its interest rate, and how the annual percentage rate captures this. 📄 Read-aloud
- CAGR vs Average Return Why the simple average of yearly returns can mislead, how the compound annual growth rate measures real growth, and how to calculate it. 📄 Read-aloud
- XIRR: Measuring Returns on Regular Investments Why CAGR doesn't work for SIPs and other investments made at different times, and how XIRR calculates a single annual return that accounts for timing. 📄 Read-aloud
- Lump Sum or Monthly Payments? Present Value in Practice How to compare a lump sum today with a stream of future payments, such as a pension or annuity, using present value and a chosen interest rate. 📄 Read-aloud
- Money Maths Made Simple: Checkpoint 1 Quick checkpoint - five questions on EMIs, flat rates, APR, CAGR and XIRR. 5 questions
- Break-Even Analysis How to calculate how many sales a business needs to cover its costs, using fixed costs, variable costs and contribution margin. 📄 Read-aloud
- Unit Prices: Comparing Packs of Different Sizes How to compare products sold in different sizes by working out the price per gram, litre or piece, and why bigger isn't always cheaper. 📄 Read-aloud
- Discounts, Offers and "Buy 2 Get 1" Maths How stacked discounts, cashback and multi-buy offers really work, why 20 percent plus 10 percent isn't 30 percent, and how to find the true saving. 📄 Read-aloud
- Prepaying a Loan: Cut the Tenure or the EMI? What happens when you make an extra payment on a home loan, and why reducing the tenure usually saves far more interest than reducing the EMI. 📄 Read-aloud
- How Long Will My Money Last? Withdrawal Maths How much you can safely withdraw from savings each year in retirement, where the 4 percent rule comes from, and why many Indian planners suggest a lower rate. 📄 Read-aloud
- Back-of-the-Envelope Estimates How to make quick, rough estimates of money questions using rounding and simple reasoning, plus a recap of the key money maths in this module. 📄 Read-aloud