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If there is an annual growth of 20% in the total number of branches of the bank from 2007 to 2009, then how many branches did the bank have in 2009?

A.	500	B.	488
C.	480	D.	470
E.	510

Answer and Explanation

Answer:488

Explanation:
Total number of branches in 2007 = 339
Number of branches in 2009 is 339 x 1.2 x 1.2 = 488

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