Multiple Choice
Solve the problem.
-$8791 is deposited into a savings account at 8% interest, compounded annually. To the nearest year, how long will it take for the account balance to reach $1,000,000?
A) 62 years
B) 55 years
C) 43 years
D) 86 years
Correct Answer:
Verified
Correct Answer:
Verified
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