3.3.11

Compound Growth & Decay

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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.
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1

Number

1.1

Using Numbers

1.2

Fractions, Decimals & Percentages

1.3

Powers & Roots

1.4

Accuracy

2

Algebra

2.1

Introduction to Algebra

2.2

Manipulating Algebra

2.3

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2.4

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2.5

Common Graphs

2.6

Transformations & Tangents

2.7

Properties of Graphs

2.8

Solving Equations

2.9

Inequalities

2.10

Sequences

3

Ratio

4

Geometry

4.1

Introduction to Geometry

4.2

Triangles & Quadrilaterals

4.3

Transformations

4.4

Circle Basics

4.5

Circle Theorems

4.6

Measurements & Units

4.7

Calculating Area

4.8

Triangle Formulae

4.9

3D Shapes

4.10

Vectors

5

Probability

6

Statistics

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