(a)[2]
Calculate the value of his investment after 4 years.
(b)[3]
Calculate the amount of his profit.
(c)[3]
Find a formula for the value, $V$, of the car at the end of n years.
Mathematics 0580 · IGCSE · Exponential growth and decay
Exponential growth and decay — practice question
Worked solution & mark scheme
This 8-mark question has a full step-by-step worked solution and mark scheme. One marking point: “M1 for correctly forming \(24000\times\left(1+\frac{3.2}{100}\right)^4\)” …
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