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If a person invests $1000 at a simple interest rate of 5% per annum for 3 years,
Practice Questions
Q1
If a person invests $1000 at a simple interest rate of 5% per annum for 3 years, what will be the total amount at the end?
$1150
$1200
$1100
$1250
Questions & Step-by-Step Solutions
If a person invests $1000 at a simple interest rate of 5% per annum for 3 years, what will be the total amount at the end?
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