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Compound Interest and Depreciation

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Question 5
63%

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.

[3]
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Compound Interest and Depreciation Questions

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

11 exam-style questions on Edexcel 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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