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5/18 MCQs for:
NUMBER & NUMERATION: Interest - Simple And Compound

Ekambi saves 300,000frs at the ‘njagi’ at 3% per month compound interest, what will be his total interest in 2 months?

The simple interest on 200,000FCFA at a rate of 3% after 5 years is:

Eloundou saves 100,000frs at the ‘njangi’ at 7% per month, what will be the total interest in 3 months?

Ngang borrows 1,000,000frs from the ‘njangi’ at 10% per annum compound interest, how much will he reimburse the ‘njangi’ in 2 years?

Defang saves 500,000frs in the bank at 10% per annum, what will be his total interest in 1 year?