Math and General Science > 2003 > 29
National Common Entrance Exam
Calculate the time when ₦2,000.00 will yield a simple interest of ₦250.00 at the rate of 5%
A.
5 years
B.
4 years
C.
2 1/2 years
D.
1 1/2 years
E.
1 year
Answer: C
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