US No. 7456
NQF Level 03
This unit standard will be useful to people who aim to achieve recognition at some level in Further Education and
Training or to meet the Fundamental requirement of a wide range of qualifications registered on the National
Unit standard range:
Use mathematics to plan and control personal and/or household budgets and income and expenditure.
Use simple and compound interest to make sense of and define a variety of situations including investments, stokvels, inflation, appreciation and depreciation.
Investigate various aspects of financial transactions including costs, prices, revenue, cost price, selling price, loss and profit.
- Use mathematics to plan and control personal, regional and/or national budgets and income and expend
- Use simple and compound interest to make sense of and define a variety of situations.
- Use mathematics to debate aspects of the national economy.