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Christina has been saving $10,000 a year ever since she started to work. She has earned an average return of 9.71 percent and now has

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Christina has been saving $10,000 a year ever since she started to work. She has earned an average return of 9.71 percent and now has a total of $227,629 in her savings account. How many years has it been since Christina first started saving money? Multiple Choice 9.56 years 12.59 years 11.74 years 14.55 years Russell owns a preferred stock that pays a constant annual dividend of $19 a share. What is this stock worth to him today if he requires a 15.3 percent rate of return? Multiple Choice $102.27 $124.18 $21.91 $43.81 Your credit card charges interest of 2.5 percent per month. What is the annual percentage rate? Multiple Choice 30.99 percent 26.74 percent 25.00 percent 30.00 percent Wissler, Inc. owes $288,000 to the bank for some improvements made to its office building. The loan is for 60 months and the monthly payment is $6,395.79 What is the interest rate on the loan? Multiple Choice 11.68 percent 11.93 percent 12.68 percent 12.43 percent

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