GCSE Maths (Edexcel)
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Growth & Decay as an Iterative Process
- Growth and decay can be described as iterative processes
- Growth and decay describe when a value increases or decreases over a number of time periods
- Growth and decay can be modeled using an iterative equation
- The equation for growth is Pn plus 1 = Pn times 1.1 (representing a 10% increase)
- The equation for decay is Sn plus 1 = 0.68 Sn
- Iterative equations for growth and decay are usually given in exam questions
- Example 1: Toy store stock prediction - S0 = 500, Sn plus 1 = 0.68 Sn
- Example 2: Sparrow population prediction - Sn plus 1 = 1.2 Sn minus 5
- In both examples, substitute the given values into the equation to find the predicted value for a specific time period
- Round the predicted value to the nearest whole number
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