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secondary 3 | E Maths
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Date Posted: 4 years ago
Views: 451
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We bear in mind that the question asks for simple interest, so we use the simple interest formula for this question.
We reduce our equation into R * T = 48, but here onwards we are free to choose our values for R and T.
Reasonable rates are between 1% and 4% as per most banks when money is placed in the bank over a long period of time.
We reduce our equation into R * T = 48, but here onwards we are free to choose our values for R and T.
Reasonable rates are between 1% and 4% as per most banks when money is placed in the bank over a long period of time.
Date Posted:
4 years ago
Thank you
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