MCQOPTIONS
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| 1. |
If SI on a certain sum of money at 4% per annum for 2 years be 125, what would be the interest if it was to be compounded annually at the same rate and for the same time period? |
| A. | 127.50 |
| B. | 125.50 |
| C. | 135.50 |
| D. | 138 |
| Answer» B. 125.50 | |