CBEHub

← 2.3 Commercial Arithmetic

Appreciation by the formula

Mathematics · Grade 11 · about 40 minutes

A value that rises by a fixed percent each year uses the compound formula, so later increases are larger.

Sign in to read this lesson

Lessons are for learners and teachers with an account. Browsing the curriculum — subjects, strands and what each sub-strand covers — stays open to everyone.

  • 8 sections of explanation, worked examples and diagrams
  • 1 practice task with hints and worked answers
  • A quiz that marks itself as you go
  • Your progress kept across every subject you take
Sign in Create an account

Other lessons in this sub-strand

  1. Simple interest on a loan
  2. From the steps to a formula
  3. Compound interest for four years
  4. Compounding every half-year
  5. Appreciation by the formula
  6. Depreciation by the formula
  7. Carrying charge and its rate
  8. Building the instalment
  9. A classroom tax table
  10. PAYE and another deduction
  11. The rate on the next slice
  12. Three figures before a choice