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| Personal Finance and Forex Share tips of the trade or ask questions regarding the best way to manage your personal accounts and savings. Where should you have your funds allocated in terms of liquidity, dollar leverage (against inflation) and retirement planning. |
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11-19-2007, 02:52 PM
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A principal of $5000 was invested in a savings account for 4 years. If the
interest earned for the period was A principal of $5000 was invested in a savings account for 4 years. If the interest earned for the period was $400, what was the interest rate?
A)1% B)1.5% C)2% D)2.5%
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