Tasks

For each of the following tasks you are to complete the following steps provided to demonstrate your ability to perform each of the following financial calculations:

1. Goods and services tax (GST)
2. Simple interest
3. Compound interest
4. Basic loan calculations

Instructions

For each financial calculation, complete the following steps to obtain the required data and resources:

1. Obtain the input data required, ensuring to verify that it is relevant for workplace calculations.

Provide copies of this data.

1. Determine and document the required outcomes of the calculations and confirm them from the task specifications
2. Identify and obtain the resources and equipment that are relevant to perform the required calculations effectively, including handheld calculators.

List the resources and equipment obtained.

1. Where necessary, develop simple spreadsheets to perform calculations that may be repeated.

Provide copies of these spreadsheets.