The idea, step by step
The order of events changes the rule
If a balance first earns 10% interest and then receives AUD 20, its update is . A deposit before interest instead gives . Define what each term measures and exactly when it is measured.
Generate a table using the complete update once per period. Carry unrounded values unless transaction-by-transaction rounding is explicitly required.
An equilibrium and its deviation
For , a constant equilibrium must satisfy . When , . Subtracting shows that the deviations form a geometric sequence.
Deviations shrink if . If , they grow unless the initial state is exactly . A negative mathematical balance may indicate that a physical model is no longer appropriate.
A common trap
Adding before or after multiplying gives the same update.
Instead: Usually . Match the order stated.
See the thinking
A stable stock model
A tank retains 80% of its salt after each flush, then receives 6 g. Initially it has 10 g. Find two updates and its equilibrium.
- .
- . Solve to get .
Debt after repayments
A debt starts at AUD 1000, grows by 2% monthly and then has AUD 100 repaid. Find the first two balances.
- , .
- and .
Check your understanding
Find the equilibrium of .
Show answer
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Your turn
6 questions · 13 marks · Work at your own pace.
Read the questions online
- . Find .2 marks
- A population starts at 200, keeps 90% yearly, then receives 50 newcomers. Find its rule and .2 marks
- Find the equilibrium and limiting value for .2 marks
- For , find the equilibrium and long-term behaviour.2 marks
- A machine adds 10 units then loses 20% of the new stock. Write a recurrence.2 marks
- Find an explicit rule for .3 marks
Read the worked solutions
Equivalent correct methods earn the corresponding marks. Include units where asked.
- . Find .2 marks
Apply multiplication then addition at each step.
. - A population starts at 200, keeps 90% yearly, then receives 50 newcomers. Find its rule and .2 marks
and .
, ; . - Find the equilibrium and limiting value for .2 marks
; the deviation factor is 0.75.
Both equal 32. - For , find the equilibrium and long-term behaviour.2 marks
.
Equilibrium 6; the sequence increases without bound. - A machine adds 10 units then loses 20% of the new stock. Write a recurrence.2 marks
The new units experience the loss too.
. - Find an explicit rule for .3 marks
The equilibrium is 6 and the initial deviation is 4.
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Curriculum reference & lesson scope
SACE Board of South Australia
Stage 1 Mathematics sequence and series content with introductory induction, regrouped into an original school-sized chapter.
Official curriculum source ↗