Q: The simple interest on a sum of money is 4 / 9 of the principal and – McqOptions

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1.	Q: The simple interest on a sum of money is 4 / 9 of the principal and the number of years is equal to the rate percent per annum. The rate per annum is
A.	0.05
B.	$$ 6{2\over 3}\% $$
C.	0.06
D.	$$ 8{2\over 3}\% $$
Answer» C. 0.06

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