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A man invests a sum of money ($8,000) in a bank that offers a rate of 5%. He invests the money for 2 years. Calculate the amount of money in the bank at the end of the 2-year period if invested at:

(a) simple interest
(b) compound interest.
Question 6 (6 marks)
The diameter of a circle is 10 cm (as shown in the diagram). Use π = 3.14 Calculate to 2 decimal places, the:
(a) circumference
(b) area

User Nidabdella
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1 Answer

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Answer:

(a) 8000 times 5 times 2 = 800

User Brettywhite
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