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Q15: Question – Paper 2 – November 2018
Q15: Question – Paper 2 – November 2018
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Question
15)
Remi invests £600 for 5 years in a savings account.
By the end of the 5 years he has received a total of £75 simple interest.
Work out the annual rate of simple interest.
Remi invests £600 for 5 years in a savings account.
By the end of the 5 years he has received a total of £75 simple interest.
Work out the annual rate of simple interest.
[3 marks]