Grade 12 · Mathematics · Number
Loans, annuities and recurrence relations
Model reducing-balance loans and annuities with recurrence relations, and explore how interest rates, repayments and time affect the total amount paid.
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These lessons were written around Australian Curriculum strands and matched to Canadian grades by age (Kindergarten is the year before Grade 1). They are not mapped to any province's curriculum, and some use Australian examples, so check them against your province's learning outcomes and your own plans.
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