Example A company invested Sh. 450,000 in a bank that pays a compound interest of 20 % p. a. Calculate:
a ) The amount after 5 years .
b ) The amount after 6 years
c ) The interest accumulated after 8 years
d ) The interest after 10 years
e ) How long it will take to accumulate a total of Sh. 750,000
f ) How long it will take to accumulate an interest of Sh. 150,000
g ) Time it will take for the amount to double .
A. Perform financial calculations for compound interest
B. Analyze investment growth over time
C. Evaluate interest accumulation and doubling time
D. Assess the impact of different time periods on investment returns