Number 4
2 marks · EasyA football signed by a famous player is purchased for £200. The value increases by 9% per year. Calculate its value after 1 year.
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218 £ (±1)
Also accept: 217.99
Common mistakes: Adds £9 instead of 9% of £200; Multiplies by 1.09 but then rounds incorrectly
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Marking points
M1 · 1 mark · Attempts to multiply £200 by 1.09.
A1 · 1 mark · Gives final value of £218 to nearest whole number.
Worked solution
Value after 1 year = £200 × 1.09 = £218