Year 13 · 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.
Awaiting educator review. This material was drafted by our content team with AI assistance and is waiting for review by a qualified educator. Please check it suits your child before using it. Created 10 October 2026.
These lessons were written around Australian Curriculum strands and matched to New Zealand year levels by age (NZ Year 1 is the first year of school). They are not yet mapped to The New Zealand Curriculum, so check them against your own learning programme.
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