ACCA F2 Simple interest, Compound Interest,

[@shekujalloh551]

What if you were told there’s a simple interest of 2% in the first 2 years, and increasing to 3.3% in the last 2 years??

[@shekujalloh551]

Same for compound interest

[@shekujalloh551]

And why the 500*(1.10)^n looks almost like annuity formula

[@paulingtongama4820]

You made this concept sound easy