document.write( "Question 751468: What will sh. 4000 amount to after 9 months if the bank offers an interest rate of 40% per annum? \n" ); document.write( "
Algebra.Com's Answer #457213 by Cromlix(4381)![]() ![]() You can put this solution on YOUR website! sh 4000 invested at 40% interest pa \n" ); document.write( "Interest after a year = (4000 * 40)/100 \n" ); document.write( "= sh 1600 for the year. \n" ); document.write( "9 months is equivalent to multiplying \n" ); document.write( "sh 1600 by 3/4 = sh 1200 \n" ); document.write( "Therefore your total after 9 months \n" ); document.write( "is sh 5200.\r \n" ); document.write( "\n" ); document.write( "Hope this helps \n" ); document.write( ":-) \n" ); document.write( " \n" ); document.write( " |