iheartgorillaz iheartgorillaz

29-11-2022
Mathematics

Answered

Rebecca takes out a loan that gathers
compound interest.
The table below shows the value of the loan
over time.
a) What is the rate of interest per annum?
Give your answer as a percentage to 1 d.p.
b) Work out the value of the loan 10 years
after it starts.

Answer :

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