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the simple interest on a certain amount of money for 5 years at 6% per annum is half the compound interest on rm4000 for 2 years at 8% per annum. determine the amount placed on simple interest. |
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Answer» Step-by-step explanation: The SIMPLE INTEREST on a certain sum of money for 3 years at 8% per annum is HALF the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum ... |
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