GRE Problem Solving Question 659
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Source: Magoosh
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%