Eric Nicholas K's answer to Melody's Secondary 3 E Maths Singapore question.
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Hi Melody!
For compound interest questions, we must pay careful attention to the frequency of compounding (annually, semiannually, monthly, daily etc) because this will affect the interest rate quoted and the number of compounding periods.
For compound interest questions, we must pay careful attention to the frequency of compounding (annually, semiannually, monthly, daily etc) because this will affect the interest rate quoted and the number of compounding periods.
Date Posted:
5 years ago
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