You are considering a one-year investment. If you invest £1,100 you will get back £1,232. What rate is this investment p

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answerhappygod
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You are considering a one-year investment. If you invest £1,100 you will get back £1,232. What rate is this investment p

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You are considering a one-year investment. If you invest £1,100
you will get back £1,232. What rate is this investment paying?
a. 9% b. 7% c. 6% d. 12%
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