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1 . How much does Kenya Shs 5 , 0 0 0 / = , 2 5 , 0 0 0 / = , 3

1 .

How much does Kenya Shs

5, 000 / =, 25, 000 / =, 35, 000 / =, 45, 000 / =

and

65, 000

invested at the end of years

3, 5, 7, 8,

and

10

respectively accumulate to at the beginning of year

15 ?

The rates of interest are as shown:

Year

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Rate

(%) 9 - 2 0 11 13 - 6 8 14 16 0 1 13 17 - 1 10

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