A principal of 5000 OMR is invested for one year. Find the interest rate required to produce a future value of 5275 OMR if the interest is simple? Select one: O a 0.055% Ob 0.0475% 5.5% Od 55.0% pe None of the above

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 80E
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Final Exam Spring 2021 (30-May-2021)
A principal of 5000 OMR is invested for one year. Find the interest rate required
to produce a future value of 5275 OMR if the interest is simple?
Select one:
0.055%
Ob 0.0475
Oc 5.5%
od 55.0°%
Pe None of the above
へ) コ E
Transcribed Image Text:Final Exam Spring 2021 (30-May-2021) A principal of 5000 OMR is invested for one year. Find the interest rate required to produce a future value of 5275 OMR if the interest is simple? Select one: 0.055% Ob 0.0475 Oc 5.5% od 55.0°% Pe None of the above へ) コ E
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