Solve the problem.A bond mutual fund grows by 5% in 2014 and by 10% in 2016. By approximately how much did the fund grow in 2015 so as to increase by a total of 40% during the three year period?
A. 21%
B. 25%
C. Too little information is given.
D. 26%
E. 16%
Answer: A
Mathematics
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?
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