Bert Put $75 into an Account and One Year Later

question 77

Multiple Choice

Bert put $75 into an account and one year later had $100.What interest rate was paid on Bert's deposit?

• A)20 percent
• B)25 percent
• C)28 percent
• D)None of the above is correct.

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Definitions:

Weak Rock

Rock that is easily deformed or broken, usually due to its composition, weathering, or presence of numerous fractures.

Salt Deposits

Concentrations of salt left behind after the evaporation of saline water, typically found in arid environments or sedimentary basins.

Restricted Seaways

Narrow bodies of water that connect two larger bodies of water, often with limited water flow and unique ecological conditions.

Ocean Basins

Large depressions on the Earth's surface that contain the world's oceans, formed by plate tectonics and shaped by geological processes.