- B Ruto Wish To Have Khs 8 Million At The End Of 15 Years To Accumulate This Sum He Decides To Save A Certain Amount A 1 (12.78 KiB) Viewed 35 times
(b) Ruto wish to have Khs.8 million at the end of 15 years. To accumulate this sum he decides to save a certain amount a
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(b) Ruto wish to have Khs.8 million at the end of 15 years. To accumulate this sum he decides to save a certain amount a
(b) Ruto wish to have Khs.8 million at the end of 15 years. To accumulate this sum he decides to save a certain amount at the end of each year for the next fifteen years and deposit it in a bank. If the bank pays 10 per cent interest, how much is he required to save each year? (5 Marks)
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