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John Had $2,000 in His Account at the Beginning of 2009

Question 3

Multiple Choice

John had $2,000 in his account at the beginning of 2009. At the end of the year, the account had $2,002. The rate of return on the account is _____.

A) 0.02%
B) 0.1%
C) 2%
D) 10%

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