Mathematics: Applications and Interpretation · Topic 1: Number and algebra

SL1.4 — Financial applications: interest and depreciation

Mathematics: Applications and Interpretation · SL / HL · syllabus-mapped notes

1. AISL1.4.1

   Compound interest

   Growth by $FV=PV\left(1+\tfrac{r}{100k}\right)^{kn}$ with different compounding periods.

2. AISL1.4.2

   Using the GDC finance solver

   Entering values into the TVM / built-in financial package.

3. AISL1.4.3

   Depreciation and real value

   Annual depreciation and the effect of inflation on an investment.