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Compound, Superannuation, and Time Payments (1 Viewer)

BlueGas

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How do I know the difference between these three? I know what time payments are but I don't know if a question is asking for the compound interest formula or the superannuation formula.
 

InteGrand

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In the HSC, you're usually expected to derive a relevant formula (sometimes this is part of the question) rather than quote one (and if you derive it, you don't need to worry about being confused about which formula you're supposed to use).
 

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