3 (a) The price of a house decreased from $82500 to $77500.
Calculate the percentage decrease.
............................................ % [3]
(b) Roland invests $12000 in an account that pays compound interest at a rate of 2.2% per year.
Calculate the value of his investment at the end of 6 years.
Give your answer correct to the nearest dollar.
$ ............................................... [3]
Answers
Answered by
9
Answer:
3(a) 6.06 or 6.060 to 6.061 3
M2 for 82500 77500[ 100] 82500
− × oe
or M1 for 77500[ 100] 82500
× soi
3(b) 13 674 cao 3
M1 for
6 2.2 12000 1
100
+
A1 for 13673.7...
Step-by-step explanation:
Answered by
4
Answer:
13673.7 is the right answer
Step-by-step explanation:
3(a) 6.06 or 6.060 to 6.061 3
M2 for 82500 77500[ 100] 82500
− × oe
or M1 for 77500[ 100] 82500
× soi
3(b) 13 674 cao 3
M1 for
6 2.2 12000 1
100
+
A1 for 13673.7...
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