0580/13 Oct/Nov 2025, Question 14: Simple Interest
Cambridge IGCSE Mathematics 0580 · Paper 13 (Core) · Non-calculator · 3 marks
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The question, in short
Calculate the total value of a $2000 investment earning 5% simple interest per year after 4 years.
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Solution · 3 marks
- 1Interest per year = 2000 × 5/100 = $100
- 2Interest for 4 years = 100 × 4 = $400
- 3Value = 2000 + 400 = $2400
Answer2400
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