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Compound Interest and Depreciation

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Question 2
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Marcus invests £4000 for 5 years in a savings account. He receives 2.5% per annum compound interest.

Calculate the total amount of money Marcus has in the account at the end of 5 years.

[2]

Compound Interest and Depreciation Questions

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