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    Exam 27: The Basic Tools of Finance
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    Jeff Put $75 into an Account and One Year Later
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Jeff Put $75 into an Account and One Year Later

Question 17

Question 17

Multiple Choice

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


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

Correct Answer:

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