 # General Mathematics Unit 3 AOS 1 - Recursion and Financial Modelling

Learning Areas
VCE - General Mathematics
Audience
VCE Unit 3
Available
Online
VCE Module
Students will learn recursion & depreciation, compound interest, reducing balance loans, annuities & perpetuities, and compound interest with additional payments.

This Unit is composed of five different modules that can be completed individually (approximately 4 hours each). The modules include:

### General Mathematics Unit 3 AOS 1: 2.1 - Recursion & depreciation

Students will explore Recursion and Depreciation through the following concepts:

• CAS Calculator Introduction

• Recurrence Relationship

• Growth and Decay

• Recurrence and Financial Modelling

• Graphs of Linear and Non-Linear Relations

• Flat Rate/Reducing Balance/Unit Cost Depreciation

### General Mathematics Unit 3 AOS 1: 2.2 - Compound interest

Students will explore Compound Interest Investment through the following chapters:

• Simple Interest

• Compound Interests

• Using the CAS financial solver

• Effective Interest

### General Mathematics Unit 3 AOS 1: 2.3 - Reducing balance loans

Students will explore Reducing Balance Loans through the following chapters:

• Reducing Interest Loans with periodic payment

• Reducing Balance Loan – Amortisation

• Using the CAS financial solver

• Comparing Loans

### General Mathematics Unit 3 AOS 1: 2.4 - Annuities & perpetuities

Students will explore Annuities and Perpetuities through the following chapters:

• Annuity with payment using a table

• Using the CAS financial solver

• Perpetuities

### General Mathematics Unit 3 AOS 1: 2.5 - Compound interest with additional payments

Students will explore Compound Interest with Payment through the following chapters:

• First Principles up to 5 and Tables

• Annuity formula for investment

• Using the CAS financial solver

• Recursion, Growth and Decay

General Mathematics Unit 3 AOS 1 - Recursion and Financial Modelling is available through the following program types. Select a program type to view more information.

## Online Portal

Delivered via the Quantum Victoria Online Portal, students can complete the module at their own pace.

Where
Online Portal
Students can access the program via the Online Portal
Duration
Module
Duration
General Mathematics Unit 3 AOS 1: 2.1 - Recursion & depreciation
4 hours
General Mathematics Unit 3 AOS 1: 2.2 - Compound interest
4 hours
General Mathematics Unit 3 AOS 1: 2.3 - Reducing balance loans
4 hours
General Mathematics Unit 3 AOS 1: 2.4 - Annuities & perpetuities
4 hours
General Mathematics Unit 3 AOS 1: 2.5 - Compound interest with additional payments
4 hours
This is an estimate of the time required by students to complete the program. Progress is saved as students complete the program, and this does not need to be completed in one continuous block.
Resources
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Cost
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