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2 marksSimple Interest

CSEC Mathematics · January 2016 · Paper 2 · Question 1(c)(iii)

Thomas invested $1498 at 6% simple interest per annum.

How long it will be before his investment earns $449.40

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Other parts of this question

  1. 1(a)Using a calculator, or otherwise, calculate the EXACT value of (3.6 + √51.84) ÷ 3.75[2 marks]
  2. 1(b)Which of the jars shown above is the BETTER buy? Show ALL working to support your answer.[3 marks]
  3. 1(c)Calculate: The interest, in dollars, earned after six months[2 marks]
  4. 1(c)(ii)The TOTAL amount of money in his account after 3 years[2 marks]

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