Modelling growth and decay using recursion

General Maths Units 3 and 4 (2023+)

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This is another video in the modelling growth and decay using recursion series for the Year 12 General Maths (VCE) Units 3 and 4 course. I look at how we can use recurrence relations to model growth and decay. I look at what needs to happen for growth or decay to happen and then look at aspects of recursion relating to finance. Flat rate depreciation, unit cost depreciation and simple interest are all discussed with lots of worked examples to make sure that you understand the work.

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