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Quiz 2 : Question 10 of 10

Shaun invests a certain sum of money at 18.75% p.a. simple interest. After how many years will the sum of money become three times its principal?

A.     16 years

B.     12 years

C.     10 years 8 months

D.     10 years, 6 months, 20 days

E.     10 years 9 months


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