At what rate would a sum of N100.00 deposited for 5 years raise an interest of N7.50?
a
\(\frac{1}{2}\)%
b
2\(\frac{1}{2}\)%
c
1.5%
d
25%
Explanation
Correct Option
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regony600
9 years ago
A and C is the same answer but when dealing with 'rate' A is the correct answer. Since rate is never given as decimal
