Stage 5 · Financial mathematics B · Solve problems involving compound interest and depreciation · Topic: Financial maths · Year 9, 10
Use the compound interest formula to establish the depreciation formula S = V_0(1 - r)ⁿ where S = salvage value, V_0 = initial value of the asset, r = depreciation rate per time period and n = number of periods
Dot point ID k-10-2022-stage-5-financial-mathematics-b/fib-spc-stg5-06 · NESA code MA_K_10_CP_FIB_SPC_STG5_06 · See it on the NSW Curriculum website ↗
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