If Aizuddin borrowed RM 6.300 from a bank which offers an interest of 8% compounded annually, find.
(a) the future value
(b) the amount of interest charged

(a) The formula to calculate the amount of money (A) that Aizuddin must pay the bank after n years, with the original amount of borrowed money is 6300 RM, interest of 8%, compounded annually, is described as following:

A = principal x (1 + rate)^(time in year)

A = 6300 x (1 + 8/100)^n

(b) The amount of interest charged (AC) that Aizuddin must pay after n years:

AC = A - 6300

AC = 6300 x (1 + 8/100)^n - 6300

AC = 6300 x [(1 + 8/100)^n - 1]

Hope this helps!

drive more conversions to your website

conversions are the outcome of your efforts. when a visitor sign up for any newspaper, or fill any form to order a specific product or when your page is shared on social media, all such attempts mean conversions of a website. whenever your desired action is fulfilled, the conversion rate of your website will increase. this increase in your conversion rate will prove that your website is   going well. it also confirms that the quality of your website’s marketing was really good.drive more conversion to your website       drive more conversions to your website