Skip to content
MathsGenie logo
Open app

Course home

  1. GCSE
  3. Maths OCR
  5. Question bank

Compound Interest and Depreciation

MediumHard
1234567891011121314151617181920212223242526272829303132333435363738
Question 3
63%

Liam invests £8000 in a fixed-rate bond. He receives 3% per annum compound interest. After n n\,n years, the value of Liam’s investment is £9274.19.

Work out the value of nnn.

[2]

Compound Interest and Depreciation Questions

  1. GCSE
  2. /Maths
  3. /Compound Interest and Depreciation

Practise OCR GCSE Maths Compound Interest and Depreciation with exam-style questions for Foundation and Higher tier. 44 questions, matched to the OCR GCSE Maths (J560) specification and written in the written papers style. Every question includes a full worked solution and mark scheme, so you can see where marks are awarded rather than just whether you got the answer right.

Question bank