At what rate percent per annum will the simple interest on a sum of mo – McqOptions

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1.	At what rate percent per annum will the simple interest on a sum of money be $${2 over 5}$$ of the principal amount in 10 years?
A.	4%
B.	6%
C.	$$5{2 over3} %$$
D.	$$6{2 over3} %$$
Answer» B. 6%

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