Stephen's Grandmother Deposited $100 in an Investment Account for Him

Multiple Choice

Stephen's grandmother deposited $100 in an investment account for him when he was born,25 years ago.The account is now worth $1,500.What was the average rate of return on the account? Which of the following is a correct way to solve this problem using Excel?

A) =PV(25,i,-100,1500)
B) =rate(25,0,100,1500)
C) =rate(25,0,-100,1500)
D) =rate(0,-100,1500,25)