Mathematics 0580 · IGCSE · Money

Money — practice question

Annie places $8300 in an account earning compound interest at 5.6% each year.
(main)[2]

Calculate the value of her investment after 6 years.

Worked solution & mark scheme

This 2-mark question has a full step-by-step worked solution and mark scheme. One marking point: “$11500; 11510; 11509; 11509.6[\ldots]$” …

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