4MA1/1FR Jun 2023, Question 25: Compound Interest
Pearson Edexcel International GCSE Mathematics A 4MA1 · Paper 1FR (Foundation) · Calculator · 3 marks
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The question, in short
Calculate the value of a car bought for 700000 taka after depreciating 12% per year for 3 years, rounded to the nearest taka.
Summarised in our own words. Use the official paper for the exact wording and any diagrams.
Solution · 3 marks
- 10.88 × 700 000 = 616 000
- 20.88 × 616 000 = 542 080
- 30.88 × 542 080 = 477 030.4
- 4477 030
Answer477 030
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