Mathematics · May / June 2021 · Paper 21 · Question 12
0580
As printed in the paper
The question as text
The profit a company makes decreases exponentially at a rate of 0.9% per year. In 2014, the profit was $9500. Calculate the profit in 2019. $ [2]
Read automatically from the paper; the printed page above is exact.
Show the answer and mark scheme
9080 or 9080.13 [2]
5 0.9
M1 for 9500 × 1 − 100
Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.