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    How Long Will It Take $4,000 to Reach $4,500 When
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How Long Will It Take $4,000 to Reach $4,500 When

Question 16

Question 16

Multiple Choice

How long will it take $4,000 to reach $4,500 when it grows at 8 percent per year?


A) 1.12 years
B) 1.48 years
C) 1.53 years
D) 9.00 years

Correct Answer:

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