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Title: Finance applications using geometric sequences and recurrence relations

Section: Sequences and finance

Course: General Maths Units 1 and 2

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Finance applications using geometric sequences and recurrence relations
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About Lesson

This is another video in the Sequences and Finance section forming part of the Year 11 VCE General Maths (Units 1 and 2 course). This video looks at how we can apply all the learnings we have so far for geometric sequences to the world of finance. Again, there are lots of terms (which really mean the same thing) and so I look at compound interest and reducing balance depreciation and show how we can answer complex questions using just one formula. There are lots of worked examples and I hope I explain it in an easy to understand way.

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VCE Maths exam question content used by permission, ©VCAA. The VCAA is not affiliated with, and does not endorse, this video resource. VCE® is a registered trademark of the VCAA. Past VCE exams and related content can be accessed at www.vcaa.vic.edu.au

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