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Compound Interest and Depreciation

Compound Interest and Depreciation

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Question 53

Sam purchased a classic sports car for £80 000.

In the first year the car's value increased by 12% In the second year the car's value increased by 8% In the third year the car's value depreciated by 15%

Work out the value of the car at the end of 3 years.

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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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