Modelling Unit Cost Depreciation with a Recurrence Relation is a part of the VCE Further Maths topic Recursion and Financial Modelling. It is a part of the subtopic Depreciation of Assets. In this section, we look at how to use a recurrence relation to determine the depreciating value of an asset or the future value of an amount over a certain period.
How Do I Determine the Depreciating Value?
Watch this video to learn about how to calculate the future value of an asset that is depreciating.
Want to learn more? Check out more of our VCE Mathematics resources here!
