O-LevelMathematicsNumber4024/12 · May/June 2023 · Q52 Marks
Maya invests $480 at a rate of 2% per year simple interest. Calculate the total amount of interest she receives at the end of 5 years.
- Maya invests $480 at a rate of 2% per year simple interest. Calculate the total amount of interest she receives at the end of 5 years.[2]
Mark scheme
Marking points from the official mark scheme (May/June 2023). The mark or mark type is shown in brackets.
- 5 48
- 5 M1 for 480 × 2/100 × 5 oe
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