Question

a. gh\\$25
b. gh\\$50
c. gh\\$150
d. gh\\$175

question 14 (week 8: simple interest)
calculate simple interest on gh\\$1,000 at 5% per annum for 2 years.
a. gh\\$50
b. gh\\$100
c. gh\\$500
d. gh\\$1,100

question 15 (week 8: compound interest)
which formula is used to calculate compound interest?
a. \\(si = \frac{p \times r \times t}{100}\\)
b. \\(a = p(1 + \frac{r}{100})^t\\)
c. \\(a = p + r + t\\)
d. \\(a = p \times r \times t\\)

question 16 (week 6: fractions)
calculate: \\(\frac{2}{3} \times \frac{3}{4}\\)
a. \\(\frac{1}{2}\\)
b. \\(\frac{6}{12}\\)
c. \\(\frac{5}{7}\\)
d. \\(\frac{6}{7}\\)

question 17 (week 7: applications)

Explanation:

Answer:

Question 14: B. GH₵100
Question 15: B. \(A = P(1 + \frac{R}{100})^T\)
Question 16: A. \(\frac{1}{2}\)