Assouga saves 100,000frs in the bank at 6% per annum, what will be his total interest in 2 years?
Che and Chi both save 100,000frs each at the ‘njangi’ meeting., Che saves at 6% compound interest per month and Chi at 7% simple interest. Who makes more money after the first period?
Compound interest accumulates over time while e simple interest stays constant?
Eloundou saves 100,000frs at the ‘njangi’ at 7% per month, what will be the total interest in 3 months?
Defang saves 500,000frs in the bank at 10% per annum, what will be his total interest in 1 year?
