Repeated Percentage Change

Marcus invests £2500 for 4 years in a trust fund. He gets 1.5% per annum compound interest in the first year, then $x\%\,$ for 3 years.

Marcus has £2854.34 at the end of 4 years, work out the value of $x$ .

[4]

Marcus invests £2500 for 4 years in a trust fund. He gets 1.5% per annum compound interest in the first year, then $x\%\,$ for 3 years.

Marcus has £2854.34 at the end of 4 years, work out the value of $x$ .

[4]

Repeated Percentage Change Questions