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The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?

The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?

A).  3.90 %

B).  3.92 %

C).  3.95 %

D).  3.98 %

This Question has 1 answers.

 3.90 %

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