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Romashka-Z-Leto [24]

2 years ago

13

A sum of $5000 was taken as a loan. After 1 year the money grew to $5500 by compounding annually. What was the rate of interest

per annul?
a. 5%
b.8%
c.10%
d.12%
e.none of these

1 answer:

vredina [299]2 years ago

8 0

I'll say A) (Sorry if that didn't help)

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