US No. 7468 NQF Level 04 Credits 6 Purpose: 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 Qualifications Framework. Unit standard range:
- Range statements are provided for specific outcomes and assessment criteria as needed.
- Use mathematics to plan and control financial instruments.
- Use simple and compound interest to make sense of and define a variety of situations.
- Investigate various aspects of costs and revenue.
- Use mathematics to debate aspects of the national and global economy.