Repeated Percentage Change

Liam invests £5000 for 3 years in a savings account. He gets 2% per annum compound interest in the first year, then $x\%\,$ for the next 2 years.

Liam has £5569.33 at the end of 3 years. Work out the value of $x$ .

[4]

Liam invests £5000 for 3 years in a savings account. He gets 2% per annum compound interest in the first year, then $x\%\,$ for the next 2 years.

Liam has £5569.33 at the end of 3 years. Work out the value of $x$ .

[4]

Repeated Percentage Change Questions