Eloise deposits 250 dollars into an account and one year later has 272.50.What interest rate was paid on Eloise's deposit?
A)8 percent
B)9 percent
C)10 percent
D)None of the above is correct.

Question

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The Answer of Eloise deposits 250 dollars into an account and one year later has 272.50.What interest rate was paid on Eloise's deposit?
A)8 percent
B)9 percent
C)10 percent
D)None of the above is correct.

Eloise Deposits 250 Dollars into an Account and One Year