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Compound Interest and Depreciation

Compound Interest and Depreciation

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Question 80

Sophie invests £6000 in an account paying 2.5% compound interest per annum. James invests £4000 in an account paying 3% compound interest per annum.

Work out the difference between the amount of money Sophie has after 5 years and the amount of money James has after 5 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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