General Mathematics Exam 1: Fri 30 Oct, 2:00pm — 20 days away

ATARMAxxing · VCE General Mathematics revision notes

Loans, Annuities & Perpetuities

Unit 3 AOS2 — Recursion & financial modelling
3 · AOS2

What this note covers

  1. Reducing-Balance Loans: the Recurrence Model
  2. Annuities as Loans: Solving for Repayment and Time
  3. Annuity Investments (Savings) and Perpetuities
  4. Amortisation Tables
  5. Finance Solver: Sign Conventions and Setups

5 sections · 14 key terms & formulas · 6 common mistakes

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VCE General Mathematics · revision note 8 of 20