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Compound Interest and Depreciation

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Question 2
45%

Perrie invests £25000 for 3 years in a savings account. She gets 2.7% per annum compound interest.

Calculate the total amount of interest Perrie will get after 3 years.

[3]

Compound Interest and Depreciation Questions

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

Practise Edexcel IGCSE Maths Compound Interest and Depreciation with exam-style questions for IGCSE Maths. 11 questions, matched to the Edexcel IGCSE Maths (4MA1) specification and written in Paper 1 and Paper 2 style. Every question includes a full worked solution and mark scheme, so you can see where marks are awarded rather than just whether you got the answer right.

Question bank