Nick bought a new car. Each year the car depreciates in value by 12%.
Work out the number of years it takes for the car to half in value.
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.