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Mathematics, 07.10.2019 21:00 182075

Asum of $5000 was taken as a loan. after 1 year the money grew to $5500 by compounding annually. what was the rate of interest per annul?

a. 5%
b.8%
c.10%
d.12%
e. none of these

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Asum of $5000 was taken as a loan. after 1 year the money grew to $5500 by compounding annually. wha...
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