Question 11 — IGCSE 0580 March 2025 Paper 42
Cambridge IGCSE Mathematics 0580, Extended tier, calculator. Topic: Numbers · Simple and compound interest. Worth 5 marks.
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Question text
11 (a) Midhil invests $1500 at a rate of 4.2% per year compound interest.
Calculate the value of the investment at the end of 5 years.
$ ................................................. [2]
(b) Hitanshi invests some money at a rate of x% per year compound interest.
At the end of 1 1 years the value of the investment has doubled.
Calculate the value of x.
x = ................................................ [3]
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