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26-05-2021
Mathematics

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what percentage of simple interest returest reture must a firm get on their deposit if it wants its birr 25000 to grow to birr 26500 in 6 months?

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26-05-2021

Answer:

0.9759%

Step-by-step explanation:

26500 = 25000x^6

solve for x

x = 1.009759

This means it increases by 0.009759 which is 0.9759%

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