Answer:
Take out a loan from a bank don't borrow from family it could ruin your relationship with them
Explanation:
If you take a loan you might have to pay interest depends on the bank and the time you take to pay it back.
If you take a loan from a family member it depends on their financial situation if they have loads of money they might be patient but if they have not lots of money but still some money they might be annoyed on how long you take so my conclusion is take money from the bank.
Given:
1997 - 5,000
2012 - 9,500
9,500 - 5,000 = 4,500
2012 - 1997 = 15 years
(9,500/5,000)^1/15 - 1
1.9^1/15 - 1
1.043718 - 1 = 0.043718
0.043718 * 100% = 4.3718%
The answer is D.) 4.37%
I would say your answer is A.
Glad I could help, and good luck!
