A savings account was opened for a baby on 1985 with a $100 deposit. No withdrawls or deposits occurred since the account was opened. The current balance of the account is $246.47. Measured in dollars of the year in which the account was opened,how much has the account grown?
a.) $4.01, gain b.)7.01,loss c.) 16.26,gain d.)20.16, gain e.) $25.64,gain
I am using the information from the following (link provided), http://www.infoplease.com/ipa/A0001519.html
which compares the ...