Refer to the Table Representing Kara's Bank Account

question 46

Multiple Choice

Refer to the table representing Kara's bank account. If the $2,000 was deposited into her account at the beginning of year 1 and no further deposits or withdrawals were made, the interest rate Kara is receiving on her account

• A)cannot be determined.
• B)is 10.00 percent.
• C)is 5.00 percent.
• D)is 20.00 percent.

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