Mapa mental
Percentage change
Conteúdo do mapa
Percentage change
Compound Interest
- I put £30,000 in a bank and it has an interest rate which makes it rise by 4% every year. How much money will I have after 5 years?
- 30000 x (multiplier)^number of years
- multiplier is 0.04 for 4%, but we want an increase, so it's 1.04
- 30000 x (1.04)^5
- £36499.59
- 30000 x (multiplier)^number of years
- I put £30,000 in a bank and it has an interest rate which makes it rise by 4% every year. How much money will I have after 5 years?
Informações
- Descrição
- ACA Maths Mapa Mental sobre Percentage change, criado por Tomas King em 31-05-2018.
- Criado por
- Tomas King
- Visualizações
- 1
- Tags
- Histórico
-
- Criado por Ellen Billingham · 5 mai 2013
- Copiado por Tomas King · 31 mai 2018
- Avaliação