At what rate will the interest on N400 increases to N24 in 3 years reckoning
MATHEMATICS
JAMB 2010
At what rate will the interest on N400 increases to N24 in 3 years reckoning in simple interest?
- A. 3%
- B. 2%
- C. 5%
- D. 4%
Correct Answer: B. 2%
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