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Omuando borrows KSh 90,000 for 5 years at 6 rac12\% simple interest p.a. What amount does he have to pay at the end of that time?
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10. Omuando borrows KSh 90,000 for 5 years at simple interest p.a. What amount does he have to pay at the end of that time?
Identify the given values.
Principal () = KSh 90,000
Time () = 5 years
Rate () = p.a. = =Calculate the simple interest ().
The formula for simple interest is .
Calculate the total amount to be paid.
The total amount () is the principal plus the simple interest.
The total amount Omuando has to pay is .
11. Solve for in the equation,
Express all terms with the same base.
The base 3 can be used since .
Rewrite as .Factor out the common term .
Isolate the exponential term.
Express the right side with the same base as the left side.
Since :
Equate the exponents and solve for .
The value of is .
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