Modelling geometric growth and decay
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Modelling geometric growth and decay
Modelling growth and decay using recursion
Year 12
This video continues the series on Further Mathematics Units 3 and 4 and the core data sections of the course. Previous videos have looked at the ideas of linear growth and decay where we add the same amount on each time period. Whilst easy, this isn't representative of most things in life! Paying money into an account, we would like to get interest and interest on the interest! Hence, we need to continue a model where things grow in ways which aren't linear. This video looks at models where, to go from term-to-terms we multiply (or divide) rather than add or subtract. I hope it's useful!
Published: March 25, 2019
Length: 23 mins and 56 seconds
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vce maths Modelling geometric growth and decay geometric growth geometric decay geometric growth rate formula geometric growth rate vce further maths further maths further 3 and 4 further mathematics term to term rule of a sequence geometric sequences what is geometric growth
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