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Compound Interest and Depreciation

Compound Interest and Depreciation

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Question 48
83%

Yusuf invests £8500 in a savings account for 6 years. The account pays compound interest at a rate of 1.5% per annum.

How much money will Yusuf have in the account after 6 years?

[2]
Markscheme

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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