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Dubai

Compound Interest

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Published in: Mathematics | Maths
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This Digital handout caters to compound Interest . The level of this document caters to questions for students from Year 9 till 12 and Cambridge Igcse and Edexcel Gcse.

Syed A / Dubai

12 years of teaching experience

Qualification: Bachelors in Science ( Telecommunication)

Teaches: Mathematics, Statistics, MCAT, Maths, IGCSE/AS/AL, IB Exam Preparation

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  1. The Math Bender by Ad nan Zaidi Finance (Mathematics) (Compound interest)
  2. t IDD pqU_ hyne-, Nolo cal The Math Bender : by : Adnan • Zaidi
  3. How much would you have to repay on a credit card debt of $3500 after two years if the interest rate is: a 19.5% compounded annually? b 19.5% compounded half-yearly (the interest rate will be halfof 19.5 for half a year)? BSoo —2 aso hqqy The Math Bender : by : Adnan • Zaidi
  4. Jessica bought an apartment in Hong Kong for (US)$320000 as an investment. If the value of her apartment appreciates at an average rate of 3.5% per annum, what would it be worth in five years' time? P. 3aDlD0ö R-35 as IDO Math Bender by Adnen Zaidi
  5. Samuel invests $1500 in an account paying I .90/0 per year compound interest. Nina invests $1500 in an account paying I per year simple interest. They each leave the money in their account for 5 years. At the end of 5 years, how much more money does Samuel have in his account than Nina has in hers? 1500 IOD IOD The : by : Adnan • Zaidi
  6. Anton invests $ 1500 in another account. The account has a compound interest rate ofp% per year. At the end of 3 years, there is $1598.85 in the account. Calculate p. Give your answer correct to 2 decimal places. Isqgos 1500 IDD so IDD The Math Bender : by : Adnan • Zaidi

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