Beatrice Kay's answer to :)'s Secondary 4 E Maths Singapore question.
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Let me know if you need further explanation :-)
Date Posted:
3 years ago
Hello, thank you for your help! I just wanted to ask when do you use simple interest and when do you use compound interest? Are there key words in the question that I should be looking out for?
For compound interest, the question will explicitly mention “compound”. E.g. the remaining was paid back in compound interest etc. It’ll be quite obvious :-)