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Tokio tracks the monthly balance of her investment in a newly opened bank in Palawan. Refer to the table below that depicts the growth of her investment per month. Month Investment $500,000 | $512,500 $525,312.5 | $538,445.3125 $551,906.4453 1 3 4 What is the rate of growth? 12.3% B 12.5% 20% 2.5%

Tokio tracks the monthly balance of her investment in a newly opened bank in Palawan. Refer to the table below that depicts the growth of her investment per month. Month Investment $500,000 | $512,500 $525,312.5 | $538,445.3125 $551,906.4453 1 3 4 What is the rate of growth? 12.3% B 12.5% 20% 2.5%

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 23E
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Tokio tracks the monthly balance of her investment in a newly opened bank in Palawan. Refer to the table below that depicts the growth of her investment per month. Month Investment $500,000 | $512,500 | $525,312.5 | $538,445.3125 | $551,906.4453 1 2 3 4 What is the rate of growth? A. 12.3% B 12.5% c) 20% 2.5%
Transcribed Image Text:Tokio tracks the monthly balance of her investment in a newly opened bank in Palawan. Refer to the table below that depicts the growth of her investment per month. Month Investment $500,000 | $512,500 | $525,312.5 | $538,445.3125 | $551,906.4453 1 2 3 4 What is the rate of growth? A. 12.3% B 12.5% c) 20% 2.5%
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