Hey!
This was from question 9 (b) of the 2005 CSSA Trial.
9 (b) On 1 July 2005, Nadia invested $12000 in a bank account that paid interest at a rate of 6% p.a., compounded annually.
(i) How much would be in the account after the payment of interest on 1 July 2015 if no additional deposits...