6.2.5
Compound Growth & Decay
Compound Growth and Decay
Compound Growth and Decay
Growth and decay
Growth and decay
- When an amount increases or decreases by a set percentage on a regular basis this is called compound growth or compound decay.
- The amount that is lost/gained changes with each interval since the amount lost/gained is a percentage of the current amount.
Formula
Formula
- This formula gives the amount after n intervals:
- N = S × (multiplier)n
- Where S is the starting amount and the multiplier is the percentage multiplier:
- 1.25 for a 25% increase or 0.6 for a 40% decrease.
1Proof
1.1Types of Numbers
1.2Notation
2Algebra & Functions
2.1Powers & Roots
2.2Quadratic Equations
2.3Inequalities
2.4Polynomials
2.5Graphs
2.7Transformation of Graphs
3Coordinate Geometry
3.1Straight Lines
3.2Circles
3.2.1Equations of Circles centred at Origin
3.2.2Finding the Centre & Radius
3.2.3Equation of a Tangent
3.2.4Circle Theorems - Perpendicular Bisector
3.2.5Circle Theorems - Angle at the Centre
3.2.6Circle Theorems - Angle at a Semi-Circle
3.2.7Equation of a Perpendicular Bisector
3.2.8Equation of a Circumcircle
3.2.9Circumcircle of a Right-angled Triangle
3.3Parametric Equations (A2 only)
4Sequences & Series
4.1Binomial Expansion
5Trigonometry
5.2Trigonometric Functions
5.3Triangle Rules
6Exponentials & Logarithms
6.1Exponentials & Logarithms
7Differentiation
7.1Derivatives
7.2Graphs & Differentiation
7.3Differentiation With Trigonometry and Exponentials
7.4Rules of Differetiation (A2 only)
7.5Parametric & Implicit Differentiation
8Integration
8.1Integration
9Numerical Methods
9.1Finding Solutions
9.2Finding the Area
10Vectors
10.12D Vectors
10.23D Vectors
10.3Vector Proofs
Jump to other topics
1Proof
1.1Types of Numbers
1.2Notation
2Algebra & Functions
2.1Powers & Roots
2.2Quadratic Equations
2.3Inequalities
2.4Polynomials
2.5Graphs
2.7Transformation of Graphs
3Coordinate Geometry
3.1Straight Lines
3.2Circles
3.2.1Equations of Circles centred at Origin
3.2.2Finding the Centre & Radius
3.2.3Equation of a Tangent
3.2.4Circle Theorems - Perpendicular Bisector
3.2.5Circle Theorems - Angle at the Centre
3.2.6Circle Theorems - Angle at a Semi-Circle
3.2.7Equation of a Perpendicular Bisector
3.2.8Equation of a Circumcircle
3.2.9Circumcircle of a Right-angled Triangle
3.3Parametric Equations (A2 only)
4Sequences & Series
4.1Binomial Expansion
5Trigonometry
5.2Trigonometric Functions
5.3Triangle Rules
6Exponentials & Logarithms
6.1Exponentials & Logarithms
7Differentiation
7.1Derivatives
7.2Graphs & Differentiation
7.3Differentiation With Trigonometry and Exponentials
7.4Rules of Differetiation (A2 only)
7.5Parametric & Implicit Differentiation
8Integration
8.1Integration
9Numerical Methods
9.1Finding Solutions
9.2Finding the Area
10Vectors
10.12D Vectors
10.23D Vectors
10.3Vector Proofs
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