The exact simple interest of P5,000 invested from June 21, 1995 to Dec – McqOptions

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1.	The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest ?
A.	3.90 %
B.	3.92 %
C.	3.95 %
D.	3.98 %
Answer» B. 3.92 %

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