The compound interest on a sum of money at 5% per annum for 3 years is – McqOptions

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1.	The compound interest on a sum of money at 5% per annum for 3 years is 2522. What would be the simple interest on this sum at the same rate and for the same period ?
A.	2500
B.	2400
C.	2450
D.	2350
Answer» C. 2450

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