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George Puts $200 into an Account When the Interest Rate

Question 355

Multiple Choice

George puts $200 into an account when the interest rate is 8 percent. Later he checks his balance and finds that he has a balance of about $272.10. How many years did he wait to check his balance?


A) 3 years
B) 3.5 years
C) 4 years
D) 4.5 years

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