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You Put $75 in the Bank One Year Ago and Forgot

Question 28

Multiple Choice

You put $75 in the bank one year ago and forgot about it.The bank sends you a notice that you now have $81 in your account.What interest rate did you earn?


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

Correct Answer:

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