IB Maths AI HL SL 1.7 Amortization & annuities
IB Maths AI HL SL 1.7 Amortization & annuities
Students practise computing annuity withdrawals, loan repayments, and remaining balances using GDC financial solver with correct compounding settings.
How this is tested
- input loan parameters into GDC to find monthly payment
- find total interest paid by subtracting principal repaid from total payments
- solve for the number of withdrawals by setting the annuity balance to zero