Mathematics 4024 · O Level · Money

Money — practice question

Maya places $\$480$ into an investment at $2\%$ per year simple interest.
(main)[2]

Calculate the total interest she gets after $5$ years.

Worked solution & mark scheme

This 2-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Uses the method $480 \times \frac{2}{10} \times 5$” …

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI