Compound Interest and Depreciation

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Question 33

Greg bought a new car for £18 000. In the first year the value of the car depreciates by 30%. In the second year and the third year the car depreciates by 14%

Work out the value of the car after three years.

[3]

Compound Interest and Depreciation

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Question 33

Greg bought a new car for £18 000. In the first year the value of the car depreciates by 30%. In the second year and the third year the car depreciates by 14%

Work out the value of the car after three years.

[3]

Compound Interest and Depreciation

Question 33

Compound Interest and Depreciation Questions

Compound Interest and Depreciation

Question 33

Compound Interest and Depreciation Questions