Free Practice Question
PS · Problem Solving
705-805
percent
John invested $100 in each of the funds A and B. After one year, the value of the money in fund A was $10 higher than the value of the money in fund B. After another year, the value of the money in fund A was $25 higher than the value of the money in fund B. If the value of the money in each fund increased by a fixed interest compounded annually, what was the annual interest of fund A?
Answer Choices
Sign in to reveal the correct answerA
20%
B
30%
C
40%
D
50%
E
60%
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Difficulty
705-805
Type
PS
Category