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One year ago, you invested $3,100. Today, it is worth $3,850. What rate of interest did you earn? Multiple Choice 4.13 percent 24.19 percent 5.13

One year ago, you invested $3,100. Today, it is worth $3,850. What rate of interest did you earn?

Multiple Choice

4.13 percent

24.19 percent

5.13 percent

2.02 percent

12.10 percent

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