Question: Determine the interest rate earned on a $500 deposit when $650 is paid back in one year. 0.77 percent 1.30 percent 30.0 percent 77.0 percent

Determine the interest rate earned on a $500 deposit when $650 is paid back in one year.

0.77 percent

1.30 percent

30.0 percent

77.0 percent

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