Math and General Science > 2019 > 5
National Common Entrance Exam
Bola deposits ₦5,000.00 in a savings bank account. If she is paid an interest rate of 5% per annum for 2 years, how much is the simple interest?
A.
₦20.00
B.
₦50.00
C.
₦100.00
D.
₦200.00
E.
₦500.00
Answer: E
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