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If the Interest Rate Increases from 6 Percent to 10

Question 36

Multiple Choice

If the interest rate increases from 6 percent to 10 percent per year,every $100 saved will earn _____


A) $4 more per year than before.
B) $6 more per year than before.
C) $10 more per year than before.
D) $16 more per year than before.
E) $60 more per year than before.

Correct Answer:

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