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Mathematics 8 Online
OpenStudy (anonymous):

If $7300 is invested in a savings account for which interest is compounded monthly, and if the $7300 turns into $8600 in 2 years, what is the interest rate of the savings account? A.16.50% B.8.22% C.4.10% D.5.48%

OpenStudy (anonymous):

B. 8.22%

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