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Question 12

Udoh deposited ₦1500.00 in the bank. At the end of 5 years the simple interest on the principal was ₦550. At what rate per annum was the interest paid?

  • A.11%
  • B.7 ⅓%
  • C.5%
  • D.3 ½%
Objective

Question details

Exam body
NDA
Subject
Mathematics
Year
2014/2015
Question no.
#12
Type
Objective
Previous · Q11What is the maximum error in the numbers 0.09800 ft 3 , assuming that it is… Next · Q13 A number of pencils were shared among Bisi, Sola and Tunde in the ratio 2:3:5…

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