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Title: Modelling geometric growth and decay
Section: Modelling growth and decay using recursion
Course: General Maths Units 3 and 4
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PricingThis is the next video in the VCE General Maths series looking at modelling growth and decay using recursion. In this video I am going to look at how we can model geometric growth and decay using recurrence relationships. I go through what the recurrence relationship looks like before moving onto applying it to real world examples such as compound interest and reducing balance depreciation. I also take time to recap the work to allow us to convert from percentage increase and decrease to multipliers. There are lots of worked examples (thanks to Cambridge VCE Textbooks) and VCAA exam questions.
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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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