13.1.1 Exam Question Type 1
These questions involve simple interest; either calculating interest earned, future value, present value, repayments or rate of interest from a given question.
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Relevant Past Exam Questions
The following are relevant past exam questions:
(Note: The links will direct you to relevant question in the file on PC only NOT mobile)
Check out the videos below relevant to these questions.
Tricky bits are when a scenario has loan with initial deposit and other small things which you need to take care when answering a question.