ATARMAxxing · VCE General Mathematics revision notes
Interest & Depreciation
Unit 3 AOS2 — Recursion & financial modelling
What this note covers
- Simple (flat-rate) interest: linear growth
- Flat-rate and unit-cost depreciation (linear decay)
- Compound interest and reducing-balance depreciation (geometric change)
- Nominal vs effective rates and converting compounding periods
- Choosing the right model and using CAS / Finance Solver
5 sections · 13 key terms & formulas · 6 common mistakes
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