Question 16 — IGCSE 0580 Oct/Nov 2023 Paper 12
Cambridge IGCSE Mathematics 0580, Core tier, non-calculator. Topic: Numbers · Simple and compound interest. Worth 3 marks.
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Question text
16 Filip invests $4000 for 3 years at a rate of 2.5% per year simple interest.
Calculate the value of his investment at the end of the 3 years.
$ ................................................. [3]
Mark scheme
