Today Jim has enough money to buy fifteen 12-packs of Coke Zero at $6.00 each. If he chooses to invest his money instead and wants to be able to buy sixteen 12-packs next year, what PRECISE or TRUE...

Extracted text: Today Jim has enough money to buy fifteen 12-packs of Coke Zero at $6.00 each. If he chooses to invest his money instead and wants to be able to buy sixteen 12-packs next year, what PRECISE or TRUE nominal rate would Jim have to earn to be able to purchase sixteen 12-packs next year if he expects the price of Coke Zero to go up by 3%? O A. 9.67% O B. 3.37% Oc. 6.67% O D. 9.87%