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Question 13

A sum of money invested at 5% per annum simple interest amounts to N285.20 after 3yrs. How long will it take the sum to amount to N434.00 at 7 1/2% per annum simple interest?

  • A.10yrs
  • B.12yrs 5months
  • C.7 1/2
  • D.4yrs
Objective

Question details

Exam body
UNILAG
Subject
Mathematics
Year
2007/2008
Question no.
#13
Type
Objective
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