Calculate the time taken for N3000 to earn N600 if invested at 8 % simple interest
Simple and compound interest
A man invested N5000 for 9 months at 4%. What is the simple interest?
At what rate will the interest on N400 increase to N24 in 3 years reckoning in simple interest
Calculate the simple interest on N7 500 for 8 years at 5% per annum
A man made a profit of 5%when he sold an article for N60, 000. How much would he have to sell the article to make a profit?
If the interest on N150.00 is N4.50, find the interest on N250.00 for 6 months at the same rate
Find the principal which amount to N5,500 at simple interest in 5 years at 2% per annum.
A man wishes to keep some money in a saving deposit at 25% compound interest, so that after 3 years he can buy a car for N150,000. How much does he need to deposit now?