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Title: Analysing reducing-balance loans with recurrence relations
Section: Modelling and analysing reducing-balance loans and investments
Course: Further Mathematics: Units 3 and 4
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Analysing reducing-balance loans with recurrence relations
About Lesson
This video continues the Further Maths Units 3 and 4 course with the financial maths component. This is the last pencil and paper style lesson before moving into the Financial Solver section of the work. I recap some of the previous work before moving on to an in-depth look at Amortisation Tables. How to read them and how to find missing values. Lots of worked examples and I believe some awesome explanations.
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