What is appreciation and inflation?
Appreciation is the increase in the value of an object over time. Inflation is the rise in the price of goods or the Consumer Price Index (CPI). This post will go through in detail what each one is and HSC Standard Math examples of Appreciation and Inflation.
The following video explains appreciation followed by an example of how to solve an appreciation question.
The following video explains inflation followed by an example of how to solve an inflation question.