The answer for ii is 30% but i got 33.8%. What is wrong with my working? - Ask.ManyTutors

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secondary 4 | E Maths
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secondary 4 E Maths Singapore

The answer for ii is 30% but i got 33.8%. What is wrong with my working?

Date Posted: 3 years ago

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done {{ upvoteCount }} Upvotes

clear {{ downvoteCount * -1 }} Downvotes

Let me know if you need further explanation :-)

Date Posted: 3 years ago

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:)

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?

Beatrice Kay

Beatrice Kay

3 years ago

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 :-)