Maxyn Koh's answer to mel's Secondary 3 E Maths Singapore question.
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simple interest formula: P(1+rt) where p=principal sum, r=int. rate per annum and t is number of years
compound interest formula: P(1+r/n)^nt
n= number of times interest applied
t= number of time periods passed
should be able to solve using the formulas!
compound interest formula: P(1+r/n)^nt
n= number of times interest applied
t= number of time periods passed
should be able to solve using the formulas!
Date Posted:
4 years ago
thank youuu sm !!
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