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Fourteen Years Ago William Put Money in His Account at First

Question 195

Multiple Choice

Fourteen years ago William put money in his account at First National Bank.William decides to cash in his account and is told that his money has quadrupled.According to the rule of 70,what rate of interest did Alfred earn?


A) 5 percent
B) 7 percent
C) 10 percent
D) 14 percent

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