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 Watson’s salary was £ 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 £ 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?