Question: For this task you are to complete the following steps to demonstrate your ability to perform each of the following nancial calculations: 1. Goods and


For this task you are to complete the following steps to demonstrate your ability to perform each of the following nancial calculations: 1. Goods and services tax {GET} 2. Simple interest 3. Compound interest 4. Basic loan calculations For each nancial calculation, complete the following steps to obtain the required data and resources: 5. Obtain the input data required, ensuring to verify that it is relevant for workplace calculations. Provide copies of this data. 6. Determine and document the required outcomes of the calculations and conrm them from the task specications 7. Identify and obtain the resources and equipment that are relevant to perform the required calculations effectively, including hand held calculators. List the resources and equipment obtained. 8. 'Where necessary, develop simple spreadsheets to perform calculations that may be repeated. Provide copies of these spreadsheets. Perform the following steps to select the appropriate calculation methods, and to carry out the required nancial calculations: 9. Select, and record, the suitable method for the required calculations 10. Accurately perform the nancial calculations, using techniques suited to selected method, and the appropriate equipment and software. Provide evidence of these calculations. Complete the following steps to check your calculations and to record your outcomes
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