
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
A borrower takes a loan of $\textdollar{200}$ and repays $\textdollar{220}$ after one year. The interest on the loan is compounded annually. What is the annual compound interest rate?
A) 8%
   B) 9%
   C) 10%
   D) 12%

Present the answer in LaTex format: \boxed{Your answer}
user