QUESTION $6$

You currently have $12750$ but require $15000$ in three year's time. What rate of interest, payable annually, must you receive on the principal to make this possible?

A$.5\mathrm{.}57\%$

B$.3\mathrm{.}94\%$

C$.4\mathrm{.}12\%$

D$.1\mathrm{.}06\%$