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Compound Interest and Depreciation

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Question 9
72%

Liam invested £150 000 in a savings fund.

In the first year the investment increased by 4% In the second year the investment increased by 2% In the third year the investment depreciated by 3%

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

[3]

Compound Interest and Depreciation Questions

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