Headar has 10 000 he wants to. AQA is not responsible for the content of external sites. Compound interest Compound interest means that each time interest is paid onto an amount saved or owed the added interest also receives interest from then on.
Put simply compound interest changes.
Where is the principal amount is the interest rate over a given period and is number of times that the interest is compounded. 3 per year. Compound interest is where we take an original value and increase it by a percentage. Past paper exam questions organised by topic and difficulty for AQA GCSE Maths.