Simple Interest .02

Simple Interest .02

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Storyboard Description

Project in General Mathematics.

Storyboard Text

  • The employee explain what will happen. 
  • You are in a nice bank sir! If you will invest that huge money into an investment, yielding 5% annual interest for three years, you will have  150,000!  I will show you, sir how it's become like that.
  • She gets a piece of paper and she explain it in more detailed.
  • P is for your principal amount, I is for your interest rate and N for the number of years or how long it will take.
  • A= (P)(I)(N) P= 1,000,000 I= 5% is equal to 0.05 N= 3 years (1,000,000)(0.05)(3) = 150,000
  • So, what is your choice sir? 
  • Wow! It's a huge money! 
  • Albert, decided to invest his money.
  • I think, I will invest my money here!
  • Nice decision sir! I will get now your papers sir. 
  • Okay, I will wait here.
  • Albert is happy about the money that he can earn. He will just wait three years to withdraw his money.
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