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secondary 4 | E Maths
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Nur Safinah
Nur Safinah

secondary 4 chevron_right E Maths chevron_right Singapore

Can you tell me where they got the 0.025 for qn 59(c) ?

Date Posted: 6 months ago
Views: 29
Eric Nicholas K
Eric Nicholas K
6 months ago
Highly likely an error by the publisher. The number should be 0.015, or 1.5/100, to reflect that 3% per annum is equivalent to 1.5% per half year which is required here since the compounding frequency is twice a year.
Eric Nicholas K
Eric Nicholas K
6 months ago
Typically, I do not always trust given answers 100% of the time, after having experienced faults with many of them. Even Cambridge exams do make very rare errors (but they rectified it before I sat for one paper, in a very very rare occurrence more than ten years ago). You must take the answers given from this book with some degree of doubt.

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Eric Nicholas K
Eric Nicholas K's answer
3654 answers (Tutor Details)
Something like this would be good.

P.S. You can also doubt my answers to a degree if you are unsure of it.