GCSE-Percentagesdocx Mrs E Spinks 13th Feb. So 110 plus now 11. You get interest on the interest from previous years.
Thats why we say it compounds.
Next Percentages of an Amount Calculator Practice Questions. Examples Calculate the interest on borrowing 40 for 3 years if the. With simple interest the amount of interest is fixed over a period of time. GCSE Maths revision tutorial videoFor the full list of videos and more revision resources visit wwwmathsgeniecouk.