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What's covered

Recursion & Financial Modelling

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  • Generating sequences from worded rules
  • Generating sequences from symbolic recurrence relations
  • Naming and identifying terms in a sequence
  • Writing recurrence relations from descriptions or sequences
  • Analysing sequences using calculator
  • Interpreting recurrence relations (MC)
  • Graphing linear growth and decay sequences
  • Setting up simple interest recurrence relations
  • Analysing simple interest using recurrence relations
  • Setting up flat rate depreciation recurrence relations
  • Analysing flat rate depreciation using recurrence relations
  • Setting up unit cost depreciation recurrence relations
  • Analysing unit cost depreciation using recurrence relations
  • Interpreting linear depreciation models (MC)
  • Converting recurrence relations to explicit rules
  • Explicit rules for simple interest
  • Explicit rules for flat rate depreciation
  • Explicit rules for unit cost depreciation
  • Interpreting explicit rules (MC)
  • Graphing geometric growth and decay sequences
  • Setting up compound interest recurrence relations
  • Analysing compound interest using recurrence relations
  • Setting up reducing balance depreciation recurrence relations
  • Analysing reducing balance depreciation using recurrence relations
  • Interpreting geometric growth/decay models (MC)
  • Converting geometric recurrence relations to explicit rules
  • Explicit rules for compound interest
  • Explicit rules for reducing balance depreciation
  • CAS solutions for geometric growth/decay unknowns
  • Interpreting geometric growth/decay (MC)
  • Converting between nominal and compounding period interest rates
  • Recurrence relations with different compounding periods
  • Effective interest rate calculation and comparison
  • Interpreting compounding and effective rates (MC)
  • Generating sequences from Vn+1 = RVn ± D
  • Setting up compound interest investment with additions recurrence relations
  • Analysing compound interest investments with additions using recurrence relations
  • Determining annual interest rate from Vn+1 = RVn + D
  • Interpreting annuity investment recurrence relations (MC)
  • Setting up reducing balance loan recurrence relations
  • Analysing reducing balance loans using recurrence relations
  • Setting up annuity recurrence relations
  • Analysing annuities using recurrence relations
  • Interpreting reducing balance loan and annuity recurrence relations (MC)
  • Applying the amortisation process (reducing balance loan)
  • Constructing amortisation tables for reducing balance loans
  • Reading and interpreting amortisation tables for reducing balance loans
  • Analysing amortisation tables for annuities
  • Amortisation tables for compound interest investments with additions
  • Interpreting amortisation tables (MC)
  • Finding the final payment (reducing balance loan)
  • Finding the final payment (annuity)
  • Finding total payment and total interest
  • Plotting from amortisation tables
  • Interpreting amortisation table analysis (MC)
  • Finance solver for investments with regular additions
  • Finance solver for reducing balance loan balance and final payment
  • Finance solver for annuity balance and final payment
  • Finance solver balance and final payment (MC)
  • Finance solver: interest rate and time for investments with additions
  • Finance solver: payment amount, total cost and interest for reducing balance loans
  • Finance solver: interest rate, time and payment for annuities
  • Finance solver advanced analysis (MC)
  • Two-stage investment problems (changed regular payment)
  • Two-stage loan problems (changed interest rate)
  • Two-stage annuity problems (changed conditions)
  • Two-stage investment problems (changed interest rate or one-off payment)
  • Interpreting changed conditions (MC)
  • Calculating the regular payment for an interest-only loan
  • Finding the principal of an interest-only loan
  • Finding the interest rate of an interest-only loan
  • Interest-only loans with changed conditions
  • Interpreting interest-only loans (MC)
  • Calculating the payment from a perpetuity
  • Calculating the investment required for a perpetuity
  • Calculating the interest rate of a perpetuity
  • Analysing perpetuities (recurrence relations and comparisons)
  • Interpreting perpetuities (MC)

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