A day at the Bank.

A day at the Bank.

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Storyboard Description

simple interest calculation.

Storyboard Text

  • Good morning sir, i would like to go to Qatar in about 3 years.
  • Good morning madam, how may i help you?
  • I would like to deposit at least R1200.
  • Ok, our account offers a simple interest of 10% per annum
  • how much money do you think i will earn at the end of 3 years.
  • Let me work that out for you.
  • A = P[ 1 + in ] A= 1200[ 1+ 10/100 x 3 ] A= R1560
  • Oh my what a bargain!! so i will get back R1560.
  • Oh yes! It is quite a bargain.
  • thank you so much, I appreciate your help
  • You are very welcome we hope to see you again soon.
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