Amortisation Tables is a part of the VCE Further Maths topic Recursion and Financial Modelling. It forms a part of the subtopic Compound Interest Investments and Loans. Amortisation is the process of paying off a debt over time through scheduled. payments. An amortisation table presents the amount for each periodic payment, and the process for paying off a loan. It presents a simple way of calculating the new value of a loan after repayments have been made.
So How Do I Use an Amortisation Table?
Watch this next video to learn more!
Want to learn more? Check out more of our VCE Mathematics resources here!
