Munu saves 1000,000frs 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:
20,000 FCFA.
10,000 FCFA.
15,000 FCFA.
30,000 FCFA.
Assouga saves 100,000frs in the bank at 6% per annum, what will be his total interest in 2 years?
The simple interest on 150,000frs in 2 years at 4% rate per annum is:
12,000.
1,200.
11,200.
120,000.
The rate at which 2,000,000 FCFA is invested for 2 years to yield an interest of 200,000 FCFA is:
5%.
10%.
2%.
4%.