Mathematics formula

[Mystery]

can v use the formula of compound interest in IGCSE i.e...............A= p(1+ r/100)^n

 

[aqeelhussain17]

Ofcourse you have to I think! If I'm thinking right they even ask you to calculate if One bank has a 5% increase each year [Compound] and other +1000 per annum. Calculate which one is more worthy?

In short; even if it isnt in syllabus, if you gets you the answer! Good job!