📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      How long (in months) will it take a sum of money

      invested at 5% per annum on simple interest to increase its value by 22.5%?
      A 48 Correct Answer Incorrect Answer
      B 44 Correct Answer Incorrect Answer
      C 50 Correct Answer Incorrect Answer
      D 54 Correct Answer Incorrect Answer

      Solution

      The correct answer is D

      Practice Next

      Relevant for Exams:

      ask-question