Question: simply give the answer if the future value in twoo years of $100,000 invested in a certain fund that compounds it at a fixed rate

simply give the answer

if the future value in twoo years of $100,000 invested in a certain fund that compounds it at a fixed rate annually is $116,640 , at what rate has it been compunded?

A) 8.00 %

B) 11.66%

C)16.00%

D)24.20

E)10.00

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