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Compound Interest and Depreciation

Compound Interest and Depreciation

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Question 28
a.

Perrie invests £10000 for 2 years in a savings account. She gets 5% per annum compound interest.

Calculate the total amount of money in Perrie's account after 2 years.

[2]
b.

Hence, calculate the total amount of interest Perrie will get after 2 years.

[1]
Markscheme

Compound Interest and Depreciation Questions

  1. GCSE
  2. /Maths
  3. /Compound Interest and Depreciation

163 exam-style questions on Eduqas GCSE Maths Compound Interest and Depreciation. Each one has a worked solution and a mark scheme showing where the marks go.

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