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%

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