Jacqu's answer to Anonymous's Secondary 3 E Maths Singapore question.

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Jacqu
Jacqu's answer
2 answers (A Helpful Person)
Hi is the answer correct?
Anonymous
Anonymous
3 years ago
hmm the answer is $8000 tho.
Arnold K H Tan
Arnold K H Tan
3 years ago
Note your answer is incorrect, because the formula you used to calculate compound interest actually calculates: Principle sum + compound interest)