Ask Singapore Homework?

Upload a photo of a Singapore homework and someone will email you the solution for free.



Question

secondary 3 | E Maths
One Answer Below

Anyone can contribute an answer, even non-tutors.

Answer This Question
kathy2
Kathy2

secondary 3 chevron_right E Maths chevron_right Singapore

E

Date Posted: 11 months ago
Views: 93

See 1 Answer

done {{ upvoteCount }} Upvotes
clear {{ downvoteCount * -1 }} Downvotes
Daniel
Daniel's answer
35 answers (Tutor Details)
1st
Is this correct?
kathy2
Kathy2
11 months ago
How to get 1.045?
Daniel
Daniel
11 months ago
The principal amount is 1, and interest rate of 4.5% is 0.045. You multiply 0.045 with principal amount (i.e. money invested) = interest earned in first year. So at end of first year, you have interest earned of 0.045 + initial sum of money of 1 = 1.045