Login
Remember
Register
EasyElimu Questions and Answers
Questions
Unanswered
Tags
Users
Ask a Question
Ask a Question
find the principal that will amount to sh 55680 in 6 years at 7•5% per annum simple interest
0
votes
186
views
asked
Nov 7, 2023
in
Mathematics Form 3
by
0792613XXX
Find the principal that will amount to sh 55680 in 6 years at 7•5% per annum simple interest
commercial arithmetic
simple interest
Please
log in
or
register
to answer this question.
6
Answers
0
votes
answered
Nov 22, 2023
by
0745988XXX
36,078.5
Please
log in
or
register
to add a comment.
0
votes
answered
Nov 26, 2023
by
0745862XXX
36078.49735
Please
log in
or
register
to add a comment.
0
votes
answered
Dec 5, 2023
by
0743101XXX
4176
Please
log in
or
register
to add a comment.
0
votes
answered
Dec 18, 2023
by
0114439XXX
P×T×R/100 55680×6/12×7.5/100 =4176
Please
log in
or
register
to add a comment.
0
votes
answered
Dec 18, 2023
by
0114439XXX
2088
Please
log in
or
register
to add a comment.
0
votes
answered
Dec 18, 2023
by
0708056XXX
P×r/100×t=55680, 7.5/100×6p=55680, 0.45p=55680,55680÷0.45=123733.33
Please
log in
or
register
to add a comment.
Related questions
0
votes
4
answers
find the principal that will amount to sh 55680 in 6 years at 7•5% per annum simple interest
asked
Nov 7, 2023
in
Mathematics Form 3
by
0792613XXX
commercial arithmetic
simple interest
0
votes
1
answer
When Ksh. 60,000 was invested in a certain bank for 8years it earned a simple interest of Ksh. 14,400. Find the amount that must have been invested in the same bank at the same rate for 5years to earn a simple interest of Ksh. 12,000
asked
Aug 13, 2021
in
Mathematics Form 3
by
anonymous
commercial arithmetic
0
votes
0
answers
Tom bought a car worth sh.800000 using a loan from a credit corporation. He was to pay back using four equal yearly instalment of shule.200000.The lender charged compound interest at the rate of 16%p.a. and a ledger fee at 1.5%p.a on any outstanding balance at the time when each instalment is paid. What is the total amount of money that Tom paid to clear the loan?
asked
Dec 31, 2021
in
Mathematics Form 3
by
Shikutwazinedine
commercial arithmetic
0
votes
1
answer
determine the number of years it will take for an investment of ksh2100000 to grow to ksh 3108513 if the interest rate is 16% per year compounded quarterly
asked
Jul 22, 2021
in
Mathematics Form 3
by
RodahMakheti
commercial arithmetic
0
votes
1
answer
A man invests Ksh.24, 000 in an account which pays 16% interest p.a. the interest is compounded quarterly. Find the amount in the account after 1½ years.
asked
Aug 16, 2021
in
Mathematics Form 3
by
anony mous
commercial arithmetic
Welcome to EasyElimu Questions and Answers, where you can ask questions and receive answers from other members of the community.
Categories
All categories
Mathematics
(632)
Mathematics Form 1
(257)
Mathematics Form 2
(174)
Mathematics Form 3
(175)
Mathematics Form 4
(26)
English
(287)
Kiswahili
(559)
Chemistry
(663)
Physics
(604)
Biology
(659)
Geography
(537)
History
(568)
CRE
(365)
IRE
(53)
Agriculture
(519)
Business Studies
(379)
Computer Studies
(20)
Home Science
(60)
General Questions
(432)
6.4k
questions
9.6k
answers
6
comments
590
users
...