Use mathematics to investigate and monitor the financial aspects of personal and community life  Level 2

People credited with this unit standard are able to:

• 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.