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Fatima lends a sum of money for 10 years at 5% simple Interest. Linda lends double that amount for 5 years at the same rate
Fatima lends a sum of money for 10 years at 5% simple Interest. Linda lends double that amount for 5 years at the same rate of interest. Which statement is true?
Fatima will get twice the amount of Interest that Linda would get
Linda will get twice the amount of Interest that Fatima would get
Fatima will get triple the amount of Interest that Linda would get
Fatima and Linda will get the same amount as Interes
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