Multiple Choice
You have $100,000 in your account. Assuming no additional deposits are made and your account earns 15 percent per year, how long will it take for the account to have a balance of $500,000?
A) 10.28 years
B) 11.09 years
C) 11.52 years
D) 12.64 years
Correct Answer:
Verified
Correct Answer:
Verified
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