Multiple Choice
Jenny Reed bought SSX stock for $15 per share. The annual dividend was $1.50 per share, and after 2 year(s) , SSX was selling for $38 per share. Find the simple interest rate of growth of her money to the nearest hundredth of a percent. Round your answer to two decimal places.
A) 8.67%
B) 76.67%
C) 34.21%
D) 86.67%
E) 186.67%
Correct Answer:

Verified
Correct Answer:
Verified
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