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Compound Interest and Depreciation

Compound Interest and Depreciation

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Question 116

Nick bought a new car. Each year the car depreciates in value by 7.5%.

Work out the number of years it takes for the car to fall below half of its original value.

[3]
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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