Modelling linear growth and decay
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Modelling linear growth and decay
Modelling growth and decay using recursion
Year 12
This video looks at modelling linear growth and decay. In previous videos, we have looked at what a sequence is and how we can describe such a sequence as a recurrence relation. It becomes clear, that the basic form of a recurrence relation can be used to describe both growth and decay. The only thing which changes is a positive and negative sign. Looking at financial mathematics we see that we can use a simple formula to find the growth and decay needed per year. I also look at flat rate depreciation and unit cost depreciation and how these can be calculated with lots of worked examples!
Published: March 21, 2019
Length: 26 mins and 30 seconds
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vce maths Modelling linear growth and decay linear growth linear decay depreciation simple interest linear growth and decay vce further maths further maths further mathematics core maths flat rate depreciation formula flat rate depreciation unit cost depreciation unit cost depreciation further maths
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