Annuities, Loans and Depreciation
A senior study guide to the financial models met in senior maths: straight-line and declining-balance depreciation, the future and present…
- Difficulty
- Level 3 · Challenge
- Time
- 30 min
1 free number resources for Year 13: 1 study guide. Answers included.
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Counting, place value, the four operations and number properties. In Year 13, Calculus, probability distributions and financial maths feature in advanced courses; English demands polished essays under time pressure.
Students will practise: calculating the value of an asset under straight-line and declining-balance depreciation; finding the future value and present value of an annuity; calculating the regular repayment and total interest on a reducing-balance loan; using a recurrence relation to track a loan or investment balance period by period.
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A senior study guide to the financial models met in senior maths: straight-line and declining-balance depreciation, the future and present…
Counting, place value, the four operations and number properties. At Year 13, our resources focus on: calculating the value of an asset under straight-line and declining-balance depreciation; finding the future value and present value of an annuity; calculating the regular repayment and total interest on a reducing-balance loan; using a recurrence relation to track a loan or investment balance period by period.
Read the study guide first, then start with the Level 1 or Level 2 worksheet. Finish with the topic test.
Yes — every worksheet has an answer sheet. Maths answer sheets show the working; English tasks include model answers or success criteria.
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