SL Compound Interest & depreciation

IB Maths: Applications & Interpretation: SL Compound Interest & depreciation

This is a topic that most will have seen before. The idea of repeated percentage change and the relationship with exponential functions and geometric sequences is what this is all about. What is often new at this stage is the idea of compounding periods that are more frequent than once a year. compounding monthly, quarterly, etc, changes the equation and has a significant impact on the outcome. You"ll need to build an...

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