2026 CSS P1 Q18

2026 CSS P1 Q18

Secondary 4
3 marks

Bryan deposited \(\$20\,000\) into an account paying compound interest at \(x\%\) per annum.

After \(4\) years, he has \(\$21861.67\) in his account.

Find \(x\).[3]

Solution:

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Answer:\(x=2.25\)

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