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Basic Mathematics QUESTION #2898
Question 1
Find the amount if $\$800$ is invested at $6\%$ simple interest for $2$ years.
  • $\$896$✔️
  • $\$900$
  • $\$848$
  • $\$912$
Correct Answer Explanation
Interest $= (800 \times 6 \times 2)/100 = 96$. Amount $= 800 + 96 = 896$.