Sara invests $240 in an account that pays 3% per year simple interest. She leaves the money in the account for 5 years. Work out how much money Sara has at the end of 5 years.
Mark scheme
Marking points from the official mark scheme (May/June 2015). The mark or mark type is shown in brackets.
- [1] $276
Write your answer and get it marked
On Oracle Prep you can write or photograph your own answer and have it marked by AI against this mark scheme, with feedback on what you missed.
Sign up free →