Repeated Percentage Change

Sophia invests £12000 for 5 years in a high-interest bond. She gets 4% per annum compound interest in the first year, then $x\%\,$ for 4 years.

Sophia has £14155.66 at the end of 5 years, work out the value of $x$ .

[4]

Sophia invests £12000 for 5 years in a high-interest bond. She gets 4% per annum compound interest in the first year, then $x\%\,$ for 4 years.

Sophia has £14155.66 at the end of 5 years, work out the value of $x$ .

[4]

Repeated Percentage Change Questions