Comments on: E-Math: Compound Interest Formula (Plus A Tricky Question) http://www.singaporeolevelmaths.com/2010/01/26/e-math-compound-interest-formula-plus-a-tricky-question/ Scoring A-Grade in Math & Life! Wed, 28 Jul 2010 12:46:25 +0800 http://wordpress.org/?v=2.8.5 hourly 1 By: Jervyn http://www.singaporeolevelmaths.com/2010/01/26/e-math-compound-interest-formula-plus-a-tricky-question/comment-page-1/#comment-1783 Jervyn Sun, 07 Feb 2010 12:39:12 +0000 http://www.singaporeolevelmaths.com/?p=1764#comment-1783 i got 76012.50 instead. i dont get it. 75000 x 1.8/100% = $1350 (which is 12months) $1350/12 x 9 = $1012.50 hence, $1012.50 + $75000 = $76012.50 :O i got 76012.50 instead.
i dont get it.

75000 x 1.8/100% = $1350 (which is 12months)
$1350/12 x 9 = $1012.50

hence, $1012.50 + $75000 = $76012.50

:O

]]> By: alwaysLovely http://www.singaporeolevelmaths.com/2010/01/26/e-math-compound-interest-formula-plus-a-tricky-question/comment-page-1/#comment-1775 alwaysLovely Wed, 03 Feb 2010 02:22:47 +0000 http://www.singaporeolevelmaths.com/?p=1764#comment-1775 Well done, Sid! That's the correct answer. r=0.9 n=2 Subst. into compound interest formula to get total amount. Well done, Sid!
That’s the correct answer.
r=0.9
n=2
Subst. into compound interest formula to get total amount.

]]> By: Sid http://www.singaporeolevelmaths.com/2010/01/26/e-math-compound-interest-formula-plus-a-tricky-question/comment-page-1/#comment-1770 Sid Fri, 29 Jan 2010 13:41:02 +0000 http://www.singaporeolevelmaths.com/?p=1764#comment-1770 My answer is: $76356.08 Am I right? My answer is: $76356.08
Am I right?

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