Questions


February 2022 0 0 Report
_____1. Carol invested 100,000 in a bank. She gained an interest of 5,000 after a year. What is the rate of interest of the bank? _____2. Carla applied for a loan from a bank that offers 8% interest rate for every year. She borrowed 50,000 from that bank. How much does she have to pay after 3 years?

_____3. After a year Lara paid an interest of 2,000 for her loan amounting to 200,000. What was the interest rate of the bank per annum/year?
_____4. Aimee invested 800,000 in a bank that offers 6% interest rate per annum. How much will her money be after 5 years?

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