Amomo saves 100,000frs in the bank at 6% per annum compound interest, what will be his total interest in 2 years?
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.
11,200.
120,000.
1,200.
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?
Eloundou saves 100,000frs at the ‘njangi’ at 7% per month, what will be the total interest in 3 months?