Compound Interest & Depreciation

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About Course

Understand how compound interest grows savings and how depreciation reduces value over time. Learn the repeated-multiplier formula and compare compound with simple interest.

This course is independent revision support and is not affiliated with any exam board. Always check your own exam board specification and past-paper guidance.

What Will You Learn?

  • Tell simple and compound interest apart Use the formula Original × multiplierⁿ Calculate depreciation of cars and equipment Solve “how many years?” problems

Course Content

Course Lessons

  • Simple vs Compound Interest
  • The Compound Formula
  • Depreciation & Growth Problems

Sources & Further Reading
The official guidance this course is based on.

Final Assessment

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