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A student invested R 1 5 0 0 , 0 0 in an account and received the accumulated amount of R 1 8 9 3

A student invested R

1 500, 00

in an account and received the accumulated amount of R

1 893, 75,

after

2, 5

years. What is the simple interest rate applicable?

. 10, 50 %

. 8, 32 %

. 2, 18 %

. 0, 88 %

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