Mathematics 0580 · IGCSE · Exponential growth and decay

Exponential growth and decay — practice question

(a(i))[3]

Calculate the value of Zak’s investment after 5 years.

(a(ii))[2]

Calculate the value of Yasmin’s investment after 5 years.

(a(iii))[3]

How many more complete years pass before Yasmin’s investment becomes greater than Zak’s investment?

(b)[3]

Calculate the value of Xavier’s car after 5 years. Give your answer correct to the nearest dollar.

(c)[3]

Find the value of $r$.

Worked solution & mark scheme

This 14-mark question has a full step-by-step worked solution and mark scheme. One marking point: $\frac{500 \times 2 \times 5}{100} + 500$

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