Professional Documents
Culture Documents
Repeated Percentage Changes
Repeated Percentage Changes
I Do / We Do
Multipliers are the decimal equivalents of a
percentage
I Do / We To increase by 3% To increase by
Do 104.2%
To increase by 3% To increase by
I Do / We 104.2%
Do
x 1.03 x 2.042
To decrease by 3% To decrease by 52.3%
x 0.97 x 0.477
Keywords: multiplier, depreciate, percentage change, compound interest
Learning Objective: To be able to find an amount after repeated percentage changes
Repeated Percentage Changes Saturday 10 February 2024
Practice - Skills
I Do / We Do
If you multiply by 2, then 2 again, then 2 again, what
single value could you multiply by instead? 8
I Do / We Do
Imagine increasing at a rate of 5% each year, over 4 years
1.13 1.062
0.95 0.933
Keywords: multiplier, depreciate, percentage change, compound interest
Learning Objective: To be able to find an amount after repeated percentage changes
Repeated Percentage Changes Saturday 10 February 2024
Practice - Skills
Repeated Percentage Changes Saturday 10 February 2024
Multiplier:
= 100% + 20%
= 1.0 + 0.2
= 1.2
Multiplier:
= 100% + 7%
= 1.0 + 0.07
= 1.07
Formula: Years
Quantity × Multiplier
Anna deposited £250 in a bank.
She earned
3.5% compound interest every year.
Multiplier:
= 100% + 3.5%
= 1.0 + 0.035
= 1.035
Multiplier:
= 100% − 11%
= 1.0 − 0.11
= 0.89
Multiplier:
= 100% − 3%
= 1.0 − 0.03
= 0.97
Multiplier:
= 100% − 4.5%
= 1.0 − 0.045
= 0.955
90 × 0.9553 = £78.39
Keywords: multiplier, depreciate, percentage change, compound interest
Learning Objective: To be able to find an amount after repeated percentage changes
Repeated Percentage Changes Saturday 10 February 2024
$250 invested
Stock report:
5 years of 10% appreciation per annum.
250×1.1 5=$402.63
Keywords: multiplier, depreciate, percentage change, compound interest
Learning Objective: To be able to find an amount after repeated percentage changes
Repeated Percentage Changes Saturday 10 February 2024
$350 invested
Stock report:
4 years of 20% growth per annum.
350×1.2 4=$725.76
Keywords: multiplier, depreciate, percentage change, compound interest
Learning Objective: To be able to find an amount after repeated percentage changes
Repeated Percentage Changes Saturday 10 February 2024
$900 invested
Stock report:
4 years of a 30% decrease per annum.
$550 invested
Stock report:
3 years of a 8% decrease per annum.
Independent Practice
1
A B
C D
Keywords: multiplier, depreciate, percentage change, compound interest
Learning Objective: To be able to find an amount after repeated percentage changes
Repeated Percentage Changes Saturday 10 February 2024
D
Keywords: multiplier, depreciate, percentage change, compound interest