compound Growth and decay

Descripción

GCSE (ratio, proportion and rates of change) Maths Mapa Mental sobre compound Growth and decay, creado por lizabeth rawson el 17/09/2019.
lizabeth rawson
Mapa Mental por lizabeth rawson, actualizado hace más de 1 año
lizabeth rawson
Creado por lizabeth rawson hace más de 4 años
13
1

Resumen del Recurso

compound Growth and decay
  1. Formula: N= N₀ x (multiplier)ⁿ
    1. N is the amount after day/hours/years
      1. N₀ is the initial amount
        1. the multiplier is the percentage change, eg 5% is 1.05
          1. ⁿ is the number of days/hours/years
          2. Compound interest means that the intest is added on each time
            1. to find the original sample, you divide the amount after days/hours/years by the (multiplier)ᵑ
              1. a $6500 car depreciates by 9% anualy, how much will it cost after 3 years
                1. 6500 x (0.91)³
                  1. $4898.21
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