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Anna Has $60,000 to Invest

Question 86

Multiple Choice

Anna has $60,000 to invest.She requires $100,000 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.

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