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An investor who invested N6,500/00 at some simple interest rate collected a total ...

An investor who invested N6,500/00 at some simple interest rate collected a total amount of \(\mathrm{N} 7,800.00\) after four years. How much simple interest would he have collected after two years if he had invested \(N 9,000,00\) ?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A N1,000.00
  • B \(\mathrm{N} 10,000,00\)
  • C \(N 5,400,00\)
  • D \(19900.00\)
Correct Answer: Option C
Explanation:

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