Multiple Choice
One day as you were going through some old memorabilia,you discovered an old savings account in which you placed $100 twenty years ago.When you checked out the account,it currently had a balance of $320.71.What annual rate of interest did you earn?
A) 12%
B) 10%
C) 8%
D) 6%
Correct Answer:
Verified
Correct Answer:
Verified
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