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Lucretia Puts $400 into an Account When the Interest Rate

Question 59

Multiple Choice

Lucretia puts $400 into an account when the interest rate is 10 percent.Later she checks her balance and finds it's worth about $708.62.How many years did she wait to check her balance?


A) 5 years
B) 6 years
C) 7 years
D) 8 years

Correct Answer:

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