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    Question

    What is the difference between the compound interest,

    when interest is compounded 5-monthly, and the simple interest on a sum of тВ╣12,000 for 1(1/4) years at 12% per annum?
    A тВ╣92.50 Correct Answer Incorrect Answer
    B тВ╣93 Correct Answer Incorrect Answer
    C тВ╣91.50 Correct Answer Incorrect Answer
    D тВ╣90 Correct Answer Incorrect Answer

    Solution

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