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secondary 3 | E Maths
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universe
Universe

secondary 3 chevron_right E Maths chevron_right Singapore

how to do!!helpp!thankyou!

Date Posted: 4 years ago
Views: 253

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ENG ZI YANG
Eng Zi Yang's answer
7 answers (Tutor Details)
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universe
Universe
4 years ago
why end of the month will be Amount x 1.05%?
J
J
4 years ago
There's an error in the working. 0.5% interest is paid monthly, not 5%.

x 1.05 means calculation was based on 5% instead of 0.5%.

It should be x 1.005 instead.