Skip to content

Course home

Compound Interest and Depreciation

Compound Interest and Depreciation

EasyMediumHard
123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113114115116117118119120121122123124125126127128129130131132
Question 34
58%

A rare painting is purchased for £15,000. Its value increases at a rate of 2.5% per annum compound interest. After n n\,n years, the painting is worth £16,153.36.

Work out the value of nnn.

[2]
Video walkthrough

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.

Question bank