Compound Interest

MathematicsAQAEdexcelGCSEUnit: Ratio & Proportion
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The basics

What Is Exponential Change?

What Is Exponential Change?

Imagine bacteria doubling every hour: 1→2→4→8→16→32... After 10 hours: over 1000! This explosive increase is exponential GROWTH. Radioactive decay works the opposite way - half disappears each time period. These patterns appear in population growth, compound interest, and depreciation.

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Quiz · Question 1 of 12

Which formula correctly calculates the amount A after compound interest at rate r% per year for n years on principal P?

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