Mathematics: Analysis and Approaches · Topic 1: Number and algebra
SL1.4 — Financial applications: compound interest and depreciation
Mathematics: Analysis and Approaches · SL / HL · syllabus-mapped notes
Compound interest
The $FV = PV(1+\tfrac{r}{100k})^{kn}$ formula and different compounding frequencies.
Depreciation and real value
Annual depreciation, and adjusting an investment for inflation.