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10. Virak decides to invest his $300 birthday money. He finds a basic savings account that pays out 2.4% interest compounded monthly for 20 years.
10. Virak decides to invest his $300 birthday money. He finds a basic savings account that pays out 2.4% interest compounded monthly for 20 years. How much interest did Virak make at the end of the term? (3 Marks) PART D - COMMUNICATION 11. Jimmy Neutron, Boy Genius, was asked to simplify the expression 3? (2 ) . This was his solution. (1 Mark) 3' (23 ) = (33)(24 ) His solution is incorrect. = 6 a) Identify his error. = 1679616 12. Explain 2 things you should look for when you are investing money. Hint: What are two things that would help you make more money? (2 Marks) 13. Given a set of data in a table of values explain how to determine if the relation is exponential? (2 Marks)
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