Percentage change

Ellen Billingham
Mind Map by , created over 6 years ago

GCSE Maths (Year 8 Number 1) Mind Map on Percentage change, created by Ellen Billingham on 05/05/2013.

94
2
0
Tags
Ellen Billingham
Created by Ellen Billingham over 6 years ago
FREQUENCY TABLES: MODE, MEDIAN AND MEAN
Elliot O'Leary
Using GoConqr to study Maths
Sarah Egan
New GCSE Maths
Sarah Egan
01 Long Term causes of the French Revolution
Holly Lovering
Additional Science P2 Edexcel GCSE Revision
aneesa_baig786
Standard Form
Emma Boxley
Similar Triangles
Emma Boxley
Fractions and percentages
Bob Read
GCSE Maths: Geometry & Measures
Andrea Leyden
New GCSE Maths required formulae
Sarah Egan
Percentage change
1 Compound Interest
1.1 I put £30,000 in a bank and it has an interest rate which makes it rise by 3% every year. How much money will I have after 5 years?
1.1.1 30000 x (multiplier)^number of years
1.1.1.1 multiplier is 0.04 for 4%, but we want an increase, so it's 1.04
1.1.1.2 30000 x (1.04)^5
1.1.1.2.1 £36499.59

Media attachments