Multiple Choice
What is the annual interest rate earned on a deposit that grew from $250 to $502.84 over the last 5 years?
A) 15%
B) 13%
C) 11%
D) 9%
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: It is really pretty easy to create
Q2: Compounding is when the interest you have
Q3: What is the present value of a
Q4: Suppose that you want to purchase a
Q5: Sam can afford to pay $450 a
Q7: What is the future value of a
Q8: Why is the time value of money
Q9: Suppose that you want to create a
Q10: What would be the interest rate on
Q11: Charlie is starting to save for his