A question on compound interest in a Malaysian examination paper for 11-year-olds has sparked serious debate on social media platforms regarding the syllabus for Mathematics taught in schools.
One question goes: Mrs Zeti takes a loan of RM200,000 from a bank with a compound interest of 5% per annum. Calculate the amount she has to pay after 3 years.
Source: Loan Digest (loandigest.net)
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