Multiple Choice
You plan to invest in securities that pay 11.2%,compounded annually.If you invest $5,000 today,how many years will it take for your investment to grow to $9,140.20?
A) 6.36
B) 5.63
C) 4.60
D) 5.85
E) 5.68
Correct Answer:
Verified
Correct Answer:
Verified
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