Original post by e8ksha
I invest £A in the bank at a rate of interest of 5% per annum. How long will it be before I double my money?
Not sure which A Level spec or book you're looking at, but the formula for compound interest is:
Future Value = Present Value * (1 + interest rate)^years
I cannot give you the answer, since it's against TSR's policies.
Quick Reply
Related discussions
- AS- further maths edexcel pure 1
- UCAS Application-A-level qualifications
- cambridge SAQ
- Edexcel A Level Physics Paper 3: 9PH0 03 - 15th June 2023 [Exam Chat]
- Advice for PhD
- Not sure about the ums gradings and how it works
- 3rd year 2nd semester
- How hard is it to fast track A level maths?
- retook units
- miski's GCSE GYG study diary! 💋🧸
- A Level Maths Exams and Predictions
- Can I self study the entirety of CAIE A Level Further Maths in one year?
- Ocr chemistry a exam-style questions
- How to go from a 1 to a 4 in a month for Gcse maths
- AQA AS Physics Paper 1
- A level math module
- My journey to A-Levels
- Further Maths or Physics A Level
- Official thread - January 2023 IAL edexcel
- AS Maths Modelling help please
Latest
Trending
Last reply 4 days ago
Did Cambridge maths students find maths and further maths a level very easy?Last reply 2 weeks ago
Edexcel A Level Mathematics Paper 2 unofficial mark scheme correct me if wrongMaths
71
Trending
Last reply 4 days ago
Did Cambridge maths students find maths and further maths a level very easy?Last reply 2 weeks ago
Edexcel A Level Mathematics Paper 2 unofficial mark scheme correct me if wrongMaths
71
