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Finance applications using arithmetic sequences and recurrence relations
Sequences and finance
General Maths Units 1 and 2 2023+
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Description
This video continues the series relating to sequences and finance and looks at how we can apply the learnings we had for arithmetic sequences and recurrence relationships to the very real world finance problems we might encounter. I look at what simple interest and flat rate depreciation are. I look at unit cost depreciation are and how this all applies to the theory we have been looking at. I also show how to turn a recurrence relation into a rule (which allows me to easily find any term in a sequence). There are lots of worked examples and the theory is explained so it just makes sense.
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maffsguru good maths videos for middle school good maths videos good maths videos for high school good maths website good maths teacher maffs guru vce maths darren smyth maths tutorials Finance applications using arithmetic sequences an sequences and finance general maths vce general maths unit 1 and 2 maths year 12 maths year 12 general maths simple interest flat rate depreciation unit cost depreciation