Q: The simple interest on a sum of money is $${4\over 9}$$of the princ – McqOptions

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1.	Q: The simple interest on a sum of money is $${4\over 9}$$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.	$$6{2\over3}\%$$
C.	0.06
D.	$$7{1\over5}\%$$
Answer» C. 0.06

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