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Compound Interest and Depreciation

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Question 22
64%

Jade bought a house for £350 000.

In the first year the house price increased by 3% In the second year the house price increased by 2% In the third year the house price depreciated by 5%

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

[3]

Compound Interest and Depreciation Questions

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