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secondary 3 | A Maths
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Grace Lim
Grace Lim

secondary 3 chevron_right A Maths chevron_right Singapore

Pls help me with this question. Thank you so much.

Date Posted: 3 years ago
Views: 158

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Hi Grace,
If the investment period is only for 1 year, then Mr Walker would choose Option 2, which gives a higher return of $510 by the end of Year 1.
Option 1 may give a better return only if the amount is compounded yearly.
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WT Cheng
Wt Cheng's answer
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Grace Lim
Grace Lim
3 years ago
Thank you so much for answering
Grace Lim
Grace Lim
3 years ago
Thank you so much for your clear explanation
Grace Lim
Grace Lim
3 years ago
Thank you so much for answering my question so quickly.
Grace Lim
Grace Lim
2 years ago
Hi thank you once again for answering my qn. I have posted a set Language qn (Sec4 E Math) many days ago but there is no reply. Would appreciate if you could help me. Thanks. Would you want to search for it or i type the qn here?