question archive (a) John invested GH?4,000

(a) John invested GH?4,000

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(a) John invested GH?4,000.00 for a year, part at 7% per annum and part at 9% per annum. The interest on the investment is GH?300.00. How much did John invest at each rate?                                                                                                          

 

(b) If GH?400.00 is deposited at a bank at 10% per annum compounded quarterly, how long will it take the deposit to double in value?                                                          

 

(c) A bowl collects 1.67 cm height of water in its first week in a dewdrop. Each week the height of the water increases by 4% more than it did the week before. By how much does it increase in nine weeks, including the first week?

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