13 marksmedium
Aayush invests 18 000 rupees for 3 years at a rate of 4% per year compound interest.
Work out the total amount of interest Aayush has received by the end of 3 years. Give your answer correct to the nearest rupee.
Maths (Foundation)
4 questions · 12 marks · ≈ 12 min
Aayush invests 18 000 rupees for 3 years at a rate of 4% per year compound interest.
Work out the total amount of interest Aayush has received by the end of 3 years. Give your answer correct to the nearest rupee.
Charlotte buys a painting for $680 The value of the painting increases by 4% each year.
Work out the value of the painting at the end of 3 years. Give your answer correct to the nearest $
Hermione buys a boat for $26800 The value of the boat depreciates by 8% each year
Work out the value of the boat at the end of 3 years. Give your answer correct to the nearest dollar.
Dayna invests 16 000 rupees for 4 years at a rate of 3% per year compound interest.
Work out the total amount of interest Dayna has received by the end of 4 years. Give your answer correct to the nearest rupee.