Mathematics 0580 · IGCSE · Exponential growth and decay

Exponential growth and decay — practice question

A company’s profit falls exponentially by 0.9% each year. The profit in 2014 was $9500.
(main)[2]

Calculate the profit for 2019.

Worked solution & mark scheme

This 2-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Answer: $9080$ or $9080.13$” …

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