3.9.11

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.
Jump to other topics
1

Number

1.1

Place Value & Ordering

1.2

Numerical Operations

1.3

Structure of Calculations

1.4

Fractions

1.5

Numerical Operations on Fractions

1.6

Roots & Powers

1.7

Numerical Skills

1.8

Factors & Multiples

1.9

Surds

1.10

Standard Form

1.11

Fractions, Decimals & Percentages

1.12

Percentage Change

1.13

Rounding & Estimation

1.14

Bounds & Accuracy

1.15

Using Numbers

1.16

Fractions, Decimals & Percentages

1.17

Powers & Roots

1.18

Accuracy

2

Algebra

2.1

Algebraic Notation

2.2

Substitution & Simplification

2.3

Brackets

2.4

Algebraic Fractions

2.5

Rearranging

2.6

Functions

2.7

Solving Linear Equations

2.8

Inequalities

2.9

Solving Quadratic Equations

2.10

Simultaneous Equations

2.11

Iteration

2.12

Sequences

2.13

Linear Graphs

2.14

Introduction to Algebra

2.15

Manipulating Algebra

2.16

Proofs & Functions

2.17

Straight Line Graphs

2.18

Common Graphs

2.19

Transformations & Tangents

2.20

Properties of Graphs

2.21

Solving Equations

2.22

Inequalities

2.23

Sequences

3

Ratio

3.1

Unit Conversions

3.2

Compound Units

3.3

Ratio Fundamentals

3.4

Advanced Ratio and Scale

3.5

Proportion

3.6

Algebraic Proportion

3.7

Ratios in Practice

3.8

Manipulating Ratios

3.9

Percentage & Interest

3.10

Proportion

3.11

Gradient

4

Geometry

4.1

Area & Perimeter

4.2

Angles

4.3

Trigonometry

4.4

Similarity & Congruence

4.5

Circle Geometry

4.6

Circle Theorems

4.7

Pythagoras

4.8

Surface Area

4.9

Volume

4.10

Vectors

4.11

Introduction to Geometry

4.12

Triangles & Quadrilaterals

4.13

Transformations

4.14

Circle Basics

4.15

Circle Theorems

4.16

Measurements & Units

4.17

Calculating Area

4.18

Triangle Formulae

4.19

3D Shapes

4.20

Vectors

5

Probability

6

Statistics

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