If a person invests $2000 at an interest rate of 5% per annum, how much interest

Practice Questions

Q1
If a person invests $2000 at an interest rate of 5% per annum, how much interest will he earn in 3 years?
  1. 300
  2. 200
  3. 150
  4. 250

Questions & Step-by-Step Solutions

If a person invests $2000 at an interest rate of 5% per annum, how much interest will he earn in 3 years?
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