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1 . Mr . Kolosa has invested K 1 0 0 , 0 0 0 for 5 years at 1 0 % rate of interest.
Mr Kolosa has invested K for years at rate of interest.
a What will be the simple interest and amount after years?
b What will be the compound interest and amount after years if interest is paid i Monthly,
or ii Quarterly?
c What should be annual compound interest rate to make the amount K after years?
How long should any sum of money be left on deposit at APR if the value of the deposit is
to increase by
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