Compound Growth and Decay (AQA GCSE Maths): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What makes compound growth different from simple interest?
What makes compound growth different from simple interest?
% change on new amount each time
What is the multiplier for a 5% increase?
What is the multiplier for a 5% increase?
What is the multiplier for a 26% decrease?
What is the multiplier for a 26% decrease?
What does 'per annum' mean in compound interest questions?
What does 'per annum' mean in compound interest questions?
Each year
In , what does represent?
In , what does represent?
The initial amount
What type of multiplier indicates growth?
What type of multiplier indicates growth?
Multiplier
What type of multiplier is used in depreciation problems?
What type of multiplier is used in depreciation problems?
Multiplier less than
What is the multiplier for an item retaining 91% of its value each year?
What is the multiplier for an item retaining 91% of its value each year?
£1000 at 8% compound interest for 6 years gives what amount?
£1000 at 8% compound interest for 6 years gives what amount?
£1586.87
A £6500 car depreciates 9% yearly. What is its value after 3 years?
A £6500 car depreciates 9% yearly. What is its value after 3 years?
£4898.21