An investor has no assets or debts other than the share portfolio and loan shown in the table.
| Date | Value of share portfolio | Loan outstanding |
|---|---|---|
| Start of year | £36,000 | £24,000 |
| End of year | £44,000 | £20,000 |
Calculate the increase in the investor's wealth over the year.
64 exam-style questions on OCR GCSE Economics 3.3 Fair distribution of income, covering 3.3.1 Distribution of income and wealth, 3.3.2 Calculate income and wealth, and 3.3.3 Causes and consequences of income differences. Each one has a worked solution and a mark scheme showing where the marks go.