Calculate the time taken for N3000 to earn N600 if invested at 8% simple interest

MATHEMATICS
JAMB 2013

Calculate the time taken for N3000 to earn N600 if invested at 8% simple interest

  • A. 21/2 years
  • B. 3 years
  • C. 31/2 years
  • D. 11/2 years

Correct Answer: A. 21/2 years



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