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Anna Has $30,000 to Invest

Question 60

Multiple Choice

Anna has $30,000 to invest. She requires €50,000 for a down payment for a house. If she is able to invest at 6%, how many years will it be before she will accumulate the desired balance?


A) 6 years
B) 7 years
C) 8 years
D) 9 years

Correct Answer:

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