Mathematics 0580 · IGCSE · Rates

Rates — practice question

Lin invests $16000$ at a simple interest rate of $r\%$ per year. After 5 years, the total amount is $17920$.
(main)[3]

Find the value for $r$.

Worked solution & mark scheme

This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: “2.4 is the required value.” …

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