document.write( "Question 1194966: Atongo borrowed ghana cedis 450.00 from a rural bank at a simple interest rate of 12% per annum for 2years. Find 1. The interest charge 2. The total amount of the end of the two years \n" ); document.write( "
Algebra.Com's Answer #827267 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! Atongo borrowed ghana cedis 450.00 from a rural bank at a simple interest rate of 12% per annum for 2years. Find 1. The interest charge 2. The total amount of the end of the two years \n" ); document.write( "--------------- \n" ); document.write( "12% for the 1st year = 0.12*450 = 54 \n" ); document.write( "Same for the 2nd year \n" ); document.write( " \n" ); document.write( " |