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OPG has set up a fund to help pay the expenses for the monitoring of Pickering nuclear power plant once it is in safe storage.

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OPG has set up a fund to help pay the expenses for the monitoring of Pickering nuclear power plant once it is in safe storage. The balance in the fund today is $700 million, and it will earn interest at 7% compounded annually, Starting 10 years from now, $100 million will be withdrawn from the fund at the beginning of every year for 30 years. What is the annually compounded interest rate for the fund during the final 30 years? Select one: O A 0.72% 0.67% C.7% D. 4.33% E. 6,61% page

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