Solve the problem.If an investment of P dollars grows to A dollars in two years, the annual rate of return on the investment is given by  Jared Spencer bought a collector's coin set for $230 and sold it two years later for $362. What was the approximate annual rate of return of his investment? Round to the nearest tenth of a percent.

A. 28.7%
B. 20.4%
C. 25.4%
D. 7.6%


Answer: C

Mathematics

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Solve.The number of students in a school in year n is estimated by the model. About how many students are in the school in each of the first three years?

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Mathematics