The compound interest on a sum of money for 2 years is 615 and the s – McqOptions

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1.	The compound interest on a sum of money for 2 years is 615 and the simple interest for the same period is 600. Find the principal.
A.	6,500
B.	6,000
C.	8,000
D.	9,500
Answer» C. 8,000

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