IB Mathematics Applications & Interpretation Topic SL 1.4—financial Apps – Compound Interest, Annual Depreciation (SL/HL) covers syllabus content. Use these notes, questionbank, videos, flashcards, and lessons to review the topic, practise exam questions, and move between notes, videos, flashcards, and lessons where available.
Practice
What this topic covers
Question Type 1: Finding the returns on an investment after n years in a bank using simple interest
Question Type 2: Finding the returns on an investment after n years in the bank using compound interest
Question Type 3: Finding the initial value of an investment given final value of returns after n years in the bank under compound interest