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    If You Invest $100 and Receive a 12% APR (Annual
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If You Invest $100 and Receive a 12% APR (Annual

Question 14

Question 14

Multiple Choice

If you invest $100 and receive a 12% APR (annual percentage rate) ,what will your balance be at the end of the year?


A) $121.12
B) $121.00
C) $112.00
D) $100.12

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