Exam code: 4MA1
3 marksAayush 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.
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3 marksCharlotte 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 $
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3 marksHermione 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.
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