Diana invested $61,293 in an account with a fixed annual percent of interest, compounding quarterly. At the end of five full years, she had $76,662.25 in principal plus interest. Approximately what was the annual percent rate of interest for this account? A 1.2%

B 4.5%

C 10%

D 18%

E 25.2%

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Cornelius Meadows

16 January, 00:11

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Cayden Wilcox · Answer 1

Cayden Wilcox 16 January, 03:30

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E - apex I took the test

Diana invested $61,293 in an account with a fixed annual percent of interest, compounding quarterly. At the end of five full years, she had $76,662.25 in principal plus interest. Approximately what was the annual percent rate of interest for this account? A 1.2%B 4.5%C 10%D 18%E 25.2%