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Maria deposited $8,000 in a bank account, and 7 years later she closes out the account, which is worth $17,500. What annual rate of interest
Maria deposited $8,000 in a bank account, and 7 years later she closes out the account, which is worth $17,500. What annual rate of interest has she earned over the 7 years?
11.83% | ||
10.45% | ||
12.14% | ||
12.38% |
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