Defang saves 500,000frs in the bank at 10% per annum, what will be his total interest in 1 year?
The simple interest on 200,000FCFA at a rate of 3% after 5 years is:
15,000 FCFA.
20,000 FCFA.
30,000 FCFA.
10,000 FCFA.
Ekambi saves 300,000frs at the ‘njagi’ at 3% per month compound interest, what will be his total interest in 2 months?
Babila saves 500,000frs in the bank at 10% per annum compound interest, what will be his total interest in 1 year?
Fote borrows 1,000,000frs in the bank at 12% per annum, how much will he pay the bank in 2 years?