4MA1/2FR Jun 2019, Question 25: Compound Interest
Pearson Edexcel International GCSE Mathematics A 4MA1 · Paper 2FR (Foundation) · Calculator · 3 marks
اقرأ هذا الحل مشروحاً بالعربي ←
The question, in short
Calculate the yacht's value after depreciating 18% per year for 3 years from 150000 euros, rounded to the nearest euro.
Summarised in our own words. Use the official paper for the exact wording and any diagrams.
Solution · 3 marks
- 1Multiplier for an 18% decrease = 0.82
- 2After 1 year: 150000 × 0.82 = 123000
- 3After 3 years: 150000 × 0.82³ = 82705.2
- 4= 82705 euros to the nearest euro
Answer82705
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 2FR June 2019 · 4MA1/2FR · 4ma1 jun19 2fr · question 25.
Lemmara is an independent study tool, not affiliated with or endorsed by Pearson Edexcel. The worked solutions are Lemmara’s own.