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General Maths Units 3 and 4

Using an explicit rule for linear growth or decay

Modelling growth and decay using recursion

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Modelling growth …
About this lesson
This is another video in the series relating to modelling growth and decay using recursion. Taking a look at how we can change from a recurrence relation to a rule for linear growth and decay, I show how this can save time and be applied to a range of finance applications. I once again look at interest and depreciation in terms of simple interest, flat rate depreciation and unit cost depreciation. There are lots of worked examples all sourced from the Cambridge VCE textbook series (with permission). Theory is explained in an easy to understand way.
Lesson chapters
  1. Welcome
  2. Learning objectives
  3. Recap of past learning
  4. Going from a relation to a rule
  5. A worked example
  6. Summary notes
  7. Example 1
  8. Back to the real world of finance
  9. Example 2
  10. Example 3
  11. Back to flat rate depreciation
  12. Example 4
  13. Unit cost depreciation
  14. VCAA Question 1
  15. VCAA Question 2
  16. VCAA Question 3
  17. Final words
Legal (VCAA)

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

Video details
  • Title Using an explicit rule for linear growth or decay
  • Section Modelling growth and decay using recursion
  • Course General Maths Units 3 and 4

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