Question:
Mrs Lam deposited $400 000 in a fixed deposit account which paid her an interest of 1.2% per year. How much interest did she receive at the end of 1 year?
Solution:
Empowering Students and Parents with Solutions
Empowering Students and Parents with Solutions
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– Q28 [2 marks]](https://i0.wp.com/sgprimaths.com/wp-content/uploads/2022/05/P6_SA2_2021_Catholic_High_Paper1_Q28-Qns.jpg?resize=400%2C260&ssl=1)