Unit1-Financial Mathematics & Introduction to Modelling Techniques
Compound interest (S1.4), makes a good introduction as many students will be familiar with it (even though it is not listed in the prior learning) from their pre-IB years mathematics courses. This can then be generalised to Geometric sequences and series (S1.3), and modelling using exponential growth and decay models (S2.5) (providing students with a visual representation of numerical sequences/patterns) which links...