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Mathematics
JAMB
calculate the simple interest on N7,500 for 8 years at 5% per annum.
A.
N3,000
B.
N600
C.
N300
D.
N150
Correct Answer:
N3,000
Explanation
I=(P×T×R)/100 = (7500 × 8 × 5)/100 = N3000
I=(P×T×R)/100 = (7500 × 8 × 5)/100 = N3000
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