Multiple Choice
Suppose that you had deposited $100 in a bank account for each of the last 5 years.What annual interest rate is attached to this account if there is now (at the end of the fifth year) $758.92 in the account?
A) 10%
B) 16%
C) 19%
D) 21%
E) 23%
Correct Answer:
Verified
Correct Answer:
Verified
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