Skip to content
MathsGenie logo
Open app

Course home

  1. GCSE
  2. Maths WJEC
  3. Question bank

Compound Interest and Depreciation

MediumHard
1234567891011121314151617181920212223242526272829303132333435363738
Question 19

A rare painting is purchased for £15,000. Its value increases at a rate of 2.5% per annum compound interest. After n n\,n years, the painting is worth £16,153.36.

Work out the value of nnn.

[2]

Compound Interest and Depreciation Questions

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