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Compound Interest and Depreciation

Compound Interest and Depreciation

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Question 125

Jade bought a house.

At the end of 3 years the value of the house was £349324.50.

In the first year the house price increased by 3% In the second year the house price increased by 2% In the third year the house price depreciated by 5%

Work out the price Jade paid for the house.

[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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