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Calculate the amount at the end of two years when an investor invested sh400000 at 10% per annum simple interest.

August 30, 2026Mathematics

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Answer

\text{sh } 4,800,000

Step-by-step solution

2 steps

Huu hapa ni ukokotozi wa kiasi mwishoni mwa miaka miwili:

Kiasi cha awali (Principal, P) = sh 4,000,000
Kiwango cha riba (Rate, R) = 10% kwa mwaka = $\frac{10}{100} = 0.10$
Muda (Time, T) = miaka 2

Kokotoa riba rahisi (Simple Interest, I).
Tumia fomula ya riba rahisi: $I = P \times R \times T$
$I = 4,000,000 \times 0.10 \times 2$ $I = 400,000 \times 2$ $I = \text{sh } 800,000$
Kokotoa jumla ya kiasi (Total Amount, A) mwishoni mwa miaka miwili.
Jumla ya kiasi ni kiasi cha awali pamoja na riba: $A = P + I$
$A = 4,000,000 + 800,000$ $A = \text{sh } 4,800,000$
Jumla ya kiasi mwishoni mwa miaka miwili ni $\text{sh } 4,800,000$ .

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