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Tap every sign that compounding is at work

Exercise and reference answers

Questions
  1. Items
    1. Text
      The interest added rises each year
      Matches the category
      Yes
    2. Text
      The base grows over time
      Matches the category
      Yes
    3. Text
      Interest is worked on last year's amount
      Matches the category
      Yes
    4. Text
      The same interest is added each year
      Matches the category
      No
    5. Text
      The base never changes
      Matches the category
      No
    Category
    A sign of COMPOUND interest

Explanation

Reading a passbook and spotting which kind of interest it shows. Source: syllabus Maths, Ch 7 Comparing Quantities.
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