N2,500.00
N2,600.00
N4,500.00
N4,600.00
Correct answer is D
P = 100lRT=100×5005×2.5=50,00012.5
= 4,000
Annual interest is 5005 = 100
for 6 year = 4,000 + 100 + 100 + 100 + 100 + 100 + 100
= N 4,600
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