4MA1/1FR Jan 2021, Question 22: Compound Interest
Pearson Edexcel International GCSE Mathematics A 4MA1 · Paper 1FR (Foundation) · Calculator · 3 marks
اقرأ هذا الحل مشروحاً بالعربي ←
The question, in short
Calculate the final amount when 50 000 yen is invested for 3 years at 2.4% yearly compound interest, rounded to the nearest yen.
Summarised in our own words. Use the official paper for the exact wording and any diagrams.
Solution · 3 marks
- 11.024 × 50 000 = 51 200
- 21.024 × 51 200 = 52 428.8
- 31.024 × 52 428.8 = 53 687.0912
- 453 687
Answer53 687
Stuck on a step? Read the free lesson: Compound Interest
Practise more compound interest questions
Real 4MA1 past-paper questions, marked on your working like the exam, with a worked solution for every part.
Practise free on LemmaraMore past-paper questions on compound interest
Also searched as: 4MA1 1FR January 2021 · 4MA1/1FR · 4ma1 jan21 1fr · question 22.
Lemmara is an independent study tool, not affiliated with or endorsed by Pearson Edexcel. The worked solutions are Lemmara’s own.