1.

What is the rate of compound interest on a sum of money? I. The total compound interest at the end of two years is $ 820. II. The total simple interest at the same rate on $ 5000 at the end of three years is $ 750.

A. If the data in statement I alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question.
B. If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question
C. If the data either in statement I alone or in statement II alone are sufficient to answer the question.
D. If the data even in both statements I and II together are not sufficient to answer the question.
Answer» C. If the data either in statement I alone or in statement II alone are sufficient to answer the question.


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