In this live Gr 12 Maths Easter School show we take a close look at Finance, Growth and Decay. We work through summary notes, examples and practice questions.
LXERM1208.04.2015FS
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Finance, Growth and Decay (Live)
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Fv interest is from the second period
The 1- was not included in the formula
1- should be on the right side.
1- should be on left as the fv should be negative
For Question 3, he used the wrong formula for the future value annuity. The correct answer to how much money did she have after the 29 years is R1289665,062.