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31 October, 20:13

What's the order of the least simple interest to which will earn the most?

1. Investment of $3000at 5% of interest for 20 years

2. Investment of $1000 at 16% simple interest for 20 years

3. Investment of $3000 at 16% simple interest for 2 years

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  1. 31 October, 20:21
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    Answer: Investment of $3000 at 5% of interest for 20 years.
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