0580/31 May/Jun 2026, Question 22: Compound Interest
Cambridge IGCSE Mathematics 0580 · Paper 31 (Core) · Calculator · 3 marks
اقرأ هذا الحل مشروحاً بالعربي ←
The question, in short
Calculate the total compound interest earned when $36 000 is invested at 6.2% per year for 4 years.
Summarised in our own words. Use the official paper for the exact wording and any diagrams.
Solution · 3 marks
- 1Multiplier = 1 + 6.2/100 = 1.062
- 2Value = 36 000 × 1.062⁴ = 45 793.15…
- 3Interest = 45 793.15… − 36 000 = $9793.15… ≈ $9790
Answer9790 or 9793.15
Stuck on a step? Read the free lesson: Compound Interest
Practise more compound interest questions
Real 0580 past-paper questions, marked on your working like the exam, with a worked solution for every part.
Practise free on LemmaraMore past-paper questions on compound interest
Also searched as: 0580/31/M/J/26 · 0580_s26_qp_31 · 0580 s26 31 · question 22.
Lemmara is an independent study tool, not affiliated with or endorsed by Cambridge International Education. The worked solutions are Lemmara’s own.