Sahendrin Savings and Loan Company Ltd lends Kofi Babadara, a customer of the company GHC 10,000.00 at a simple annual interest rate of 34%. Write an algorithm and draw flowchart to compute the simple interest accrued on the money at the end of 4 years. [Hint SI = P * R * T, where SI is Simple Interest, P is principal, R is rate and T is time]
Sahendrin Savings and Loan Company Ltd lends Kofi Babadara, a customer of the company GHC 10,000.00 at a simple annual interest rate of 34%. Write an algorithm and draw flowchart to compute the simple interest accrued on the money at the end of 4 years. [Hint SI = P * R * T, where SI is Simple Interest, P is principal, R is rate and T is time]
ReplyDelete