Compound Measures - PowerPoint PPT Presentation

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Compound Measures

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Compound Measures Example A bank pays interest of 12%. If Mr Smith puts 4000 into the bank, how much will he have after One year Three years Ten years – PowerPoint PPT presentation

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Title: Compound Measures


1
Compound Measures
  • Example
  • A bank pays interest of 12. If Mr Smith puts
    4000 into the bank, how much will he have after
  • One year
  • Three years
  • Ten years

2
Example In 2005 Mrs Watsons salary was 30 000
per year. Her pay is increased by 6 each year,
what will her salary be in 2008?
3
  • Example
  • The price of a house was 250 000. At the end of
    each year the price has decreased by 10. What is
    its value at the end of
  • 1 year
  • Three years
  • Five years?

4
  • Example
  • Ben buys a car at 7000, each year the car will
    depreciate in value by 17. What will be the
    value of the car in
  • 2 years
  • 8 years?
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