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  • 13-03-2024
  • Business
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An amount of AED 10,500 is borrowed from a bank at a simple interest rate of 3% per annum for 10 months. How much interest should be paid to the bank at the end of the term?
a. AED 315
b. AED 315.50
c. AED 316
d. AED 316.50

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