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.

Question

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.

Quizplus · Accepted Answer

The Answer of  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.

Refer to the Table Representing Kara's Bank Account