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A sum of N5,000 is invested at a compound interest rate of 10% per annum, compounded annually. What will be the amount at the end of 3 years?a)N5,500b)N6,105c)N6,600d)N6,805Correct answer is option 'C'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared
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A sum of N5,000 is invested at a compound interest rate of 10% per annum, compounded annually. What will be the amount at the end of 3 years?a)N5,500b)N6,105c)N6,600d)N6,805Correct answer is option 'C'. Can you explain this answer?, a detailed solution for A sum of N5,000 is invested at a compound interest rate of 10% per annum, compounded annually. What will be the amount at the end of 3 years?a)N5,500b)N6,105c)N6,600d)N6,805Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of A sum of N5,000 is invested at a compound interest rate of 10% per annum, compounded annually. What will be the amount at the end of 3 years?a)N5,500b)N6,105c)N6,600d)N6,805Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice A sum of N5,000 is invested at a compound interest rate of 10% per annum, compounded annually. What will be the amount at the end of 3 years?a)N5,500b)N6,105c)N6,600d)N6,805Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice JAMB tests.