Question 1
7 marks
A car losing value: 15% then 11% a year
- Number and algebra
(a)
2 marks
A 15% loss leaves 85%.
(b)
2 marks
Nine further years of 11% loss after the first.
(c)
3 marks
- 10% of the original price is $3500. Solve for the number of years.
- The value after 19 years is $3250 and after 18 years is $3652, so the first time below $3500 is

