Multiple Choice
Kim has $2,200 invested at 7% interest and $3,200 at 3% interest. Set up a quantity-rate table. Find the average rate (interest rate) for the table by dividing the sum of the Q R column by the sum of the quantity column. Round answer to nearest tenth of a percent.
A) 4.6
B) 5.0
C) 3.8
D) 4.2
E) 5.4
Correct Answer:

Verified
Correct Answer:
Verified
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