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Mathematics (Syllabus D) · May / June 2020 · Paper 21 · Question 4

4024

As printed in the paper

The question as text

Anton invests $6000 in an account for 5 years. The account has a compound interest rate of 2.5% per year. At the end of 5 years, he spends $4200 of this money on a family holiday to Malaysia.

Read automatically from the paper; the printed page above is exact.

Show the answer and mark scheme
  • 4(a)[3]

  • 4(b)[3]

  • 4(c)[3]

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