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Compound Interest and Depreciation

Compound Interest and Depreciation

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Question 6
52%

Alice is going to invest some money for 5 years.

She can choose from two options:

Investment A: 2.7% compound interest per annum

Investment B: 2.8% simple interest per annum

Which investment should Alice choose? You must show your working.

[4]
Markscheme

Compound Interest and Depreciation Questions

  1. IGCSE
  2. /Maths
  3. /Compound Interest and Depreciation

11 exam-style questions on CIE IGCSE Maths Compound Interest and Depreciation. Each one has a worked solution and a mark scheme showing where the marks go.

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