Assouga saves 100,000frs in the bank at 6% per annum, what will be his total interest in 2 years?
Ekambi saves 300,000frs at the ‘njagi’ at 3% per month compound interest, what will be his total interest in 2 months?
Compound interest accumulates over time while e simple interest stays constant?
Munu saves 1000,000frs in the bank at 10% per annum, what will be his total interest in 1 year?
Amomo saves 100,000frs in the bank at 6% per annum compound interest, what will be his total interest in 2 years?
