Ruth deposited sh20,000 in a fixed deposit account for a period of 1½ years. The bank pays compound interest on quarterly basis. At the end...

Ruth deposited sh20,000 in a fixed deposit account for a period of 1½ years. The bank pays compound interest on quarterly basis. At the end of this period her account had shs46,200. Determine the rate at which interest was paid per annum.

---

---

Kavungya answered the question on September 19, 2019 at 09:07

Exams With Marking Schemes

• Grade 1
• Grade 2
• Grade 3
• Grade 4
• Grade 5
• Grade 6
• Grade 7
• Grade 8
• Grade 9
• PP1
• PP2
• Playgroup
• Form 1
• Form 2
• Form 3
• Form 4

Related Questions

---

• The average of the first and fourth terms of a G.P is 140. Given that the first term is 64, find the common ratio. (Solved)
  

  The average of the first and fourth terms of a G.P is 140. Given that the first term is 64, find the common ratio.

  Date posted: September 19, 2019 .    Answers (1)

• A ball is kicked vertically upwards from a point 0.5m above the ground at a velocity of 16m/s. Assuming that acceleration due to gravity is... (Solved)
  

  A ball is kicked vertically upwards from a point 0.5m above the ground at a velocity of 16m/s. Assuming that acceleration due to gravity is 10m/s²
  Determine
  a)An expression for its velocity t seconds later
  b)An expression for its height above the ground t seconds later
  c)The maximum height reached by the ball
  

  Date posted: September 19, 2019 .    Answers (1)

• A two-digit number is made by combining any of the two digits 1, 3, 5, 7 and 9 at random. a)Make an array of possible combinations ... (Solved)
  

  A two-digit number is made by combining any of the two digits 1, 3, 5, 7 and 9 at random.
  a)Make an array of possible combinations
  
  b)Find the probability that the number formed is prime

  Date posted: September 19, 2019 .    Answers (1)

• Grade x and grade y sugar cost sh60 and sh50 per kilogram respectively. In what proportion must the two grades be mixed to produce a... (Solved)
  

  Grade x and grade y sugar cost sh60 and sh50 per kilogram respectively. In what proportion must the two grades be mixed to produce a blend that cost sh53 per kilogram

  Date posted: September 19, 2019 .    Answers (1)

• A point T divides a line AB internally in the ratio 5:2. Given that A is (4,10) and B(11,3). Find the coordinates of T (Solved)
  

  A point T divides a line AB internally in the ratio 5:2. Given that A is (4,10) and B(11,3). Find the coordinates of T

  Date posted: September 19, 2019 .    Answers (1)

• Use matrix method to determine the co-ordinates of the point of intersection of the two lines. 3x – 2y = 13, 2y + x + 1... (Solved)
  

  Use matrix method to determine the co-ordinates of the point of intersection of the two lines.
  3x – 2y = 13, 2y + x + 1 = 0
  

  Date posted: September 19, 2019 .    Answers (1)

• A mixture of sand, cement and ballast is in the ratio 5:1:3. If the cost of 7 tonnes of sand is Sh 3000, 5 tonnes of... (Solved)
  

  A mixture of sand, cement and ballast is in the ratio 5:1:3. If the cost of 7 tonnes of sand is Sh 3000,
  5 tonnes of cement sh 50,000 and 8 tonnes of ballast Sh 4000, find the cost of 7tonnes of the mixture.

  Date posted: September 18, 2019 .    Answers (1)

• The price of a new car is Shs. 800,000. If it depreciates at a constant rate to Shs 550,000within 4 years, find the annual rate... (Solved)
  

  The price of a new car is Shs. 800,000. If it depreciates at a constant rate to Shs 550,000 within 4 years, find the annual rate of depreciation.
  

  Date posted: September 18, 2019 .    Answers (1)

• A quantity y varies partly as the square of x, and partly as x. When y = 20 x = 2 and when y... (Solved)
  

  A quantity y varies partly as the square of x, and partly as x. When y = 20 x = 2 and when y =36, x = 3.
  Find the equation showing the relationship between x and y.

  Date posted: September 18, 2019 .    Answers (1)

• Calculate the shortest distance in nautical miles between M(45°N, 38°E) andN(45°N, I 42°W) (Solved)
  

  Calculate the shortest distance in nautical miles between M(45°N, 38°E) and N(45°N,42°W)

  Date posted: September 18, 2019 .    Answers (1)

• A man deposits his money in a savings bank on a monthly basis. Each deposits exceeds the previous one by Shs 500. If he started... (Solved)
  

  A man deposits his money in a savings bank on a monthly basis. Each deposits exceeds the previous one by Shs 500. If he started by depositing Shs 1500, how much will he have deposited in 12 months?

  Date posted: September 18, 2019 .    Answers (1)

• Triangle OPQ is such that OP = p and OQ = q point R divides OP in the ratio 1:3 and a point S divided... (Solved)
  

  Triangle OPQ is such that OP = p and OQ = q point R divides OP in the ratio 1:3 and a point S
  divided PQ in the ratio 5:2 OS and RQ meet at T.
  a) Express OS and QR in term of p an q.
  b) Given that OT = KOS. Express OT in terms of K, p and q
  c) (i) Given also that RT = h RQ, express OT interms of h , p and q
  (ii) find the value of h and k
  d) State the ratio in which Q divided RT.

  Date posted: September 18, 2019 .    Answers (1)

• Wafula was asked to round off to 2/3 decimal places but he truncated it to 3 decimal places.Determine the percentage error as a result... (Solved)
  

  Wafula was asked to round off 2/3 to 2 decimal places but he truncated it to 3 decimal places.
  Determine the percentage error as a result of misunderstanding of the question
  

  Date posted: September 18, 2019 .    Answers (1)

• Find without using mathematical tables or calculator, the value of x which satisfy the equation. Log₂ (x² – 9) = 3 log₂ 2 +1 (Solved)
  

  Find without using mathematical tables or calculator, the value of x which satisfy the equation.
  Log₂ (x² – 9) = 3 log₂ 2 +1
  

  Date posted: September 18, 2019 .    Answers (1)

• a)(i) Taking the radius of the earth, R= 6370km and p = 22/7, calculate the shortest distance between the two cities P(60^oN, 29^oW) and Q(60^oN, 31^oE)... (Solved)
  

  a)(i) Taking the radius of the earth, R= 6370km and π = 22/7, calculate the shortest distance between
  the two cities P(60^oN, 29^oW) and Q(60^oN, 31^oE) along the parallel of latitude.
  (ii) If it is 1200hrs at P, what is the local time at Q
  (b)An aeroplane flew due south from a point A (60^oN, 45^oE) to a point B. the distance covered by
  the aeroplane was 800km. determine the position of B.
  

  Date posted: September 18, 2019 .    Answers (1)

• The diagram below shows a circle ABCDE. The line FEG is a tangent to the circle at point E. Line DE is parallel to CG,... (Solved)
  

  The diagram below shows a circle ABCDE. The line FEG is a tangent to the circle at point E. Line DE is parallel to CG, ∠DEC = 28^o and ∠AEG = 32^o.
  
  Calculate:
  (a) ∠AEG
  (b) ∠ABC

  Date posted: September 18, 2019 .    Answers (1)

• The expression 1 + x/2 is taken as an approximation for v1 + x. Find the percentage error in doing so if x = 0.44. (Solved)
  

  The expression 1 + x/2 is taken as an approximation for √1 + x. Find the percentage error in doing so if x = 0.44.

  Date posted: September 18, 2019 .    Answers (1)

• The second, third and fourteenth terms of an Arithmetic progression are the three consecutive terms of a geometric progression. The 10th term of the arithmetic... (Solved)
  

  The second, third and fourteenth terms of an Arithmetic progression are the three consecutive terms of a geometric progression. The 10th term of the arithmetic progression is 18. Find;
  a) The first term and the common difference of the progression.
  b) The sum of the first 10 terms of the progression.
  c) The sixth term of the a.p
  

  Date posted: September 18, 2019 .    Answers (1)

• Use binomial expansion to expand and simplify (1-3x)⁶ upto term in x³. Hence approximate the value of (0.97)⁶ correct to 4 significant figures. (Solved)
  

  Use binomial expansion to expand and simplify (1-3x)⁶ upto term in x³.
  Hence approximate the value of (0.97)⁶ correct to 4 significant figures.

  Date posted: September 18, 2019 .    Answers (1)

• Find the compound interest on sh. 21000 in 5years at 15% p.a (Solved)
  

  Find the compound interest on sh. 21000 in 5years at 15% p.a

  Date posted: September 18, 2019 .    Answers (1)