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Calculate the amount of her investment after 2 years.
Mathematics 0580 · IGCSE · Exponential growth and decay
Exponential growth and decay — practice question
Adilla puts in $1200 at a compound interest rate of 2.6% per year.
Worked solution & mark scheme
This 2-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Applies the compound formula $1200 \times \left( \frac{100+2.6}{100} \right)^2$” …
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