wonder to what extent i can trust your source. Any other source to cross-ref?

Burn? OMGOSH!! THE FIRE GOT OUT OF CONTROL.. I GOING TO LOSE MY HOU..

*run off before kana burn as well, hence can't complete my senten

Results are not out yet. Time to burn your maths notes and focus on your remaining papers!

P.S. Though Miss Loi may seem otherwise from time to time, she's actually a *cough*verynice*cough* person in real life, certainly not one to make fun of others

anyways, i did tried to revise, but nothing catch my eyes.. lol

Miss Loi will be smiling because..she making fun of him! lol

anyways today paper i mess it up. when i finish the paper i have like 1hr left, then i rest a while before i start checking then i realise i miss 2 pages!

I chiong to finish, in the end did two graph,realise it either OR qn after the exam finish.. never read lol. still have another 4 marks qn i nv do.. AHH!! die liao!

You sound like one of those students who pretend to have done the homework but actually didn't do a thing! There's not really that much calculation involved.

Part 1 is easy. Assuming the money changer didn't rip him off, Mr Tan will get S$33k/3.03 = £10891

Part 2, your unbelievably-true-in-your-dream compound interest of 9.87% comes into play:

Bank balance at the end of 2002
= 1.0987 x £10891 = £11966

Bank balance at the end of 2003 (i.e. beginning of 2004)
= 1.0987 x £11966 = £13147

So he has £13147 at the beginning of 2004

Part 3 deals with stuff that the banks don't tell you.

If he sold at the end of 2002, he'll get £11966 x 3.03 = S$36257

But he sold at end of 2004, he only got
0.75 x S$36257 = S$27192.75

which means £13147 only yields S$27192.75,
and the exchange rate has dropped to a shocking £1 = S$2.07

Part 4 shows his whopping loss at:
(33000-27192.75)/33000 x 100% = 17.6%.

So your gut feel is right, and his undergrad son’s girlfriend’s aunty’s god-sister’s friend probably got a neat commission from the sale!

P.S. Why would Miss Loi be smiling???

The ans none.

Miss Loi will be smiling.

Well, i did a bit b4 i found it too long

My gut tell me it the bank. you can never trust when thing seem too good.