GCSE Maths (AQA)
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Ratio, Proportion and Rates of Change
Ratio, Proportion and Rates of Change
Types of Interest
4:06
Interest, Growth & Decay
Spec
R16
- Interest is an amount added to a sum of money at a regular time interval
- Simple interest adds the same amount of money at each time interval
- Compound interest adds an increasing amount of money at each time interval
- Depreciation is an amount subtracted from a sum of money at a regular time interval
- Depreciation can be calculated using simple or compound percentage decreases
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