Please help? Thanks and show how to so I know for later on. Thank you! :D
Keisha's parents want to save $20,000 in her college savings account over the next 15 years. They have $8,000 to use as an initial deposit. What simple annual interest rate do they need to meet their goal? Round your answer to the nearest tenth.
A.) 12%
B.) 10%
C.) 2.7%
D.) 2.5%

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Do I still need to round? 16.7 isn't a choice?

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