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Compound Interest and Depreciation

Compound Interest and Depreciation

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Question 16

Fearne invests £5600 in a savings account. She gets 2% per annum compound interest. After n n\,n years, Fearne has £k k\,k in her account.

Work out the value of n n\,n in terms of kkk.

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Compound Interest and Depreciation Questions

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

163 exam-style questions on WJEC 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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