Q: At what rate percent per annum will the simple interest on a sum of – McqOptions

MCQOPTIONS

1.	Q: At what rate percent per annum will the simple interest on a sum of money be $${2\over 5}$$ of the principal amount in 10 years?
A.	0.04
B.	0.06
C.	$$5{2\over3}\%$$
D.	$$6{2\over3}\%$$
Answer» B. 0.06

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