GCSE Maths Practice: growth-and-decay

Question 1 of 10

Calculating depreciation over multiple years.

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\( \begin{array}{l} \text{A car worth £8000 loses 15% per year.} \\ \text{Value after 3 years?} \end{array} \)

Choose one option:

\( \text{£5780.00} \) \( \text{£5900.00} \) \( \text{£5700.00} \)

Ensure the exponent matches the number of years.

Multiply by (1 - rate) each year for annual depreciation.