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GCSE Maths

Number

Simple, Compound Interest and Depreciation

Simple, Compound Interest and Depreciation

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Level 5–7
Foundation & Higher
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Key Points 

  • Simple interest is calculated using the original amount each time.

  • Compound interest is calculated using the new total each period.

  • Depreciation is repeated percentage decreases.

  • Use multipliers for compound interest and depreciation.


Keywords: simple interest, compound interest, depreciation, multipliers, GCSE maths.

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