Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

Or go directly to:

Class notes Holiday assignments Topical questions Other resources

Find the accumulated amount if sh. 40000 is deposited for 4 ½ years at 10% p.a. compound interest.

Answers

Amount after 4 years = 40000(1.10)^4
=sh 58564
Interest for the last ½ years.
= 58564 x10/100 x1/2
= sh. 2928.20
Amount after 4 ½ years = 58564.00 + 2928.20
=sh. 61432.20

joseph rimiru answered the question on November 16, 2017 at 19:06

Answer Attachments

Next: What would sh. 30000 amount to after three years at 16% p.a. compounded quarterly?

Previous: A businessman wants to have sh. 40000 in 8 years. How much money must he invest now if the rate of interest is 7.5% p.a....

View more Mathematics Questions and Answers | Return to Questions Index

Exams With Marking Schemes

Related Questions

What would sh. 30000 amount to after three years at 16% p.a. compounded quarterly? (Solved)

What would sh. 30000 amount to after three years at 16% p.a. compounded quarterly?

Date posted: November 16, 2017 . Answers (1)
The equation of a straight line L₁ is given by 2y + 8x - 10 = 0. Another line L₂ cuts L₁ at right angles... (Solved)

The equation of a straight line L₁ is given by 2y + 8x - 10 = 0. Another line L₂ cuts L₁ at right angles such that the point of intersection of the two lines has coordinates (-3,k).
(a) Find the value of k
(b) Hence find the equation of L₂

Date posted: November 16, 2017 . Answers (1)
Find the amount at the end of the fourth year if sh. 60000 is deposited at 15% p.a. compound interest. (Solved)

Find the amount at the end of the fourth year if sh. 60000 is deposited at 15% p.a. compound interest.

Date posted: November 16, 2017 . Answers (1)
Find the amount after 2 years if sh. 10000 is invested at 20% p.a. compound interest. (Solved)

Find the amount after 2 years if sh. 10000 is invested at 20% p.a. compound interest.

Date posted: November 16, 2017 . Answers (1)
John invested a certain amount of cash in a bank which paid 12% p.a. simple interest. After 10 years, his total saving were sh. 10000.... (Solved)

John invested a certain amount of cash in a bank which paid 12% p.a. simple interest. After 10 years, his total saving were sh. 10000. Determine the amount of money he invested initially.

Date posted: November 16, 2017 . Answers (1)
Calculate the rate of interest if sh. 9000 earns sh. 1000 after sh. 9000 earns sh. 1000 after 1 ½ years. (Solved)

Calculate the rate of interest if sh. 9000 earns sh. 1000 after sh. 9000 earns sh. 1000 after 1 ½ years.

Date posted: November 16, 2017 . Answers (1)
Calculate the simple interest and the amount on sh. 8000 for 1 ½ years at 14% per annum. (Solved)

Calculate the simple interest and the amount on sh. 8000 for 1 ½ years at 14% per annum.

Date posted: November 16, 2017 . Answers (1)
Solve for a in log (3a + 4) – log (3-a) =1 (Solved)

Solve for a in log (3a + 4) – log (3-a) =1

Date posted: November 16, 2017 . Answers (1)
Solve the following Log x = 3 log 2 (Solved)

Solve the following
Log x = 3 log 2

Date posted: November 16, 2017 . Answers (1)
Find without using tables if 2 + log 3 +log y = log 5 +1 (Solved)

Find without using tables if 2 + log 3 +log y = log 5 +1

Date posted: November 16, 2017 . Answers (1)
Solve for x in log x + log 6 = log 36 (Solved)

Solve for x in log x + log 6 = log 36

Date posted: November 16, 2017 . Answers (1)
Simplify (a) Log (a + 1) – log (a^2 -1) (b) Log x^4 +log x (c) Log 15 + log 3 – log... (Solved)

Simplify
a. Log (a + 1) – log (a^2 -1)
b. Log x^4 +log x
c. Log 15 + log 3 – log 9

Date posted: November 15, 2017 . Answers (1)
Simplify (a) ½ log 9 –log 3 (b) 3 – 2 log 5 (c) Log 16 –log 8 (Solved)

Simplify
a. ½ log 9 –log 3
b. 3 – 2 log 5
c. Log 16 –log 8

Date posted: November 15, 2017 . Answers (1)
Simplify (a) Log 6 +log 4 (b) Log 4 – log 2 (c) Log 60 – log 20 (Solved)

Simplify
a. Log 6 +log 4
b. Log 4 – log 2
c. Log 60 – log 20

Date posted: November 15, 2017 . Answers (1)
Express in terms of x, y, and z given that log a =x, log b =y and log c = z (a) Log a^2b (b) Log... (Solved)

Express in terms of x, y, and z given that log a =x, log b =y and log c = z
a. Log a^2b
b. Log (a/b)
c. Log (a^2b/c)

Date posted: November 15, 2017 . Answers (1)
State the three laws of logarithms. (Solved)

State the three laws of logarithms.

Date posted: November 15, 2017 . Answers (1)
Express the following in terms log x, log y, and log z (a)Log xy (b) Log xyzc. Log (x/y) (Solved)

Express the following in terms log x, log y, and log z
a. Log xy
b. Log xyz
c. Log (x/y)

Date posted: November 15, 2017 . Answers (1)
Write log 1000 – 2 log 50 as a logarithm of a single number (Solved)

Write log 1000 – 2 log 50 as a logarithm of a single number

Date posted: November 15, 2017 . Answers (1)
Given that log 2= 0.3010 and log 3 =0.4771, simplify (a)Log 12 (b) Log 0.75 (c) Log 108 (Solved)

Given that log 2= 0.3010 and log 3 =0.4771, simplify
a. Log 12
b. Log 0.75
c. Log 108

Date posted: November 15, 2017 . Answers (1)
Express the following in logarithmic notationa. 8^2 =64 (b) 8^(1/3) =2 (c) 5^1 =5 (Solved)

Express the following in logarithmic notation
a. 8^2 =64
b. 8^(1/3) =2
c. 5^1 =5

Date posted: November 15, 2017 . Answers (1)