Mathematics A-Level
compound growth and depreciation
What compound growth and depreciation means in Mathematics A-Level, as defined for WJEC.
Definition of compound growth and depreciation
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Reference: WJEC
Geometric series model compounding percentage growth and decay, such as compound interest or exponential depreciation of assets.
Topics that use compound growth and depreciation
- Sequences and Series (A2 Unit 3: Pure Mathematics B) (WJEC A-Level)
Related terms
- Arithmetic sequence
- binomial approximation
- common difference
- Convergent geometric series
- Geometric sequence
- infinite binomial series
- linearity of summation
- proof of geometric sum
Using compound growth and depreciation in the exam
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