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A person invests $2000 in a stock that gives a simple interest of 6% per annum.
Practice Questions
Q1
A person invests $2000 in a stock that gives a simple interest of 6% per annum. What will be the total amount after 3 years?
$2400
$2200
$2600
$2300
Questions & Step-by-Step Solutions
A person invests $2000 in a stock that gives a simple interest of 6% per annum. What will be the total amount after 3 years?
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