Compound appreciation and depreciation - Intermediate and Higher tier When a value appreciates, it increases in value. If it is said to depreciate, it is decreasing in value.

For example, say you deposit $1,000 in an account with a 4% interest rate. If interest is calculated monthly, you'll earn $40 interest the first month the account is open, bringing your balance to ...

Revise using the multiplier method to calculate appreciation, depreciation and compound interest. BBC Bitesize Scotland revision for SQA National 5 Maths.