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25-01-2024
Mathematics

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Harry invests £4000 in a savings account for 2 years at a rate of X % interest per annum. At the end of the 2 years, Harry pays tax on the interest at a rate of 25%. After paying tax he gets £121.20 Work out the value of X

Harry invests 4000 in a savings account for 2 years at a rate of X interest per annum At the end of the 2 years Harry pays tax on the interest at a rate of 25 A class=

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