Melvin has £5657.04 in an account paying 2.5% compound interest per annum after 5 years. Charlie has £5216.73 in an account paying 3% compound interest per annum after 5 years.
Work out the amount of money each person invested.
Work out the difference between the amount of money Melvin invested and the amount of money Charlie invested.
163 exam-style questions on CCEA GCSE Maths Compound Interest and Depreciation. Each one has a worked solution and a mark scheme showing where the marks go.