Start learning →

Which base is being used?

Exercise and reference answers

Items
  1. Item
    Simple interest, every year
    Category
    The original principal
  2. Item
    A constant yearly interest
    Category
    The original principal
  3. Item
    Compound interest, from year two
    Category
    Last year's amount
  4. Item
    A rising yearly interest
    Category
    Last year's amount
Categories
  1. Item
    The original principal
  2. Item
    Last year's amount

Explanation

This single choice is the whole difference between the two. Source: syllabus Maths, Ch 7 Comparing Quantities.
Continue learning with Quill →

Browse more Accenture Hiring questions and exercises →