Lee Wonn Jen's answer to Yos's Secondary 3 E Maths question.
done
{{ upvoteCount }} Upvotes
clear
{{ downvoteCount * -1 }} Downvotes
Interest compounded half-yearly, so:
a) Interest of 2% per annum has to be divided by 2.
b) Number of times interest is compounded is 4 times in 2 years, so the power will be 4.
a) Interest of 2% per annum has to be divided by 2.
b) Number of times interest is compounded is 4 times in 2 years, so the power will be 4.
Date Posted:
6 years ago
360 Tutoring Program