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    What Rate of Interest Was Earned for $2,000 to Accumulate
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What Rate of Interest Was Earned for $2,000 to Accumulate

Question 102

Question 102

Multiple Choice

What rate of interest was earned for $2,000 to accumulate to be $81,990 after 20 years?


A) 4%
B) 5%
C) 6%
D) 7%
E) 8%

Correct Answer:

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