Some people invested a certain amount with a simple interest, so the interest in two years amounted to 120 dinars, so if you know that he invested an amount equal to the first size, 1% annually, the interest rate of the first in three years is 240 dinars, then the rate in both cases is??. A- 3% and 4% respectively B- 4%, 5% respectively C - 5% and 6% respectively D- 6%, 7%
Some people invested a certain amount with a simple interest, so the interest in two years amounted to 120 dinars, so if you know that he invested an amount equal to the first size, 1% annually, the interest rate of the first in three years is 240 dinars, then the rate in both cases is??. A- 3% and 4% respectively B- 4%, 5% respectively C - 5% and 6% respectively D- 6%, 7%
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Some people invested a certain amount with a simple interest, so the interest in two years amounted to 120 dinars, so if you know that he invested an amount equal to the first size, 1% annually, the interest rate of the first in three years is 240 dinars, then the rate in both cases is??.
A- 3% and 4% respectively
B- 4%, 5% respectively
C - 5% and 6% respectively
D- 6%, 7%
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