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Please help me i will give good rating (a) Twenty four months ago a sum of RM10,000 was invested. Now the investment is worth RM12,000.

Please help me i will give good rating

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(a) Twenty four months ago a sum of RM10,000 was invested. Now the investment is worth RM12,000. If the investment is extended another twenty-four months, it will become RM14,000. Find the simple interest rate that was offered. (b) Calculate the amount to be paid by Hanna every year on a loan of 8 years that she took today. The bank will charge her 4% interest to be compounded annually on a loan of RM15,000

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