Multiple Choice
You plan to invest in securities that pay 8.0%,compounded annually.If you invest $5,000 today,how many years will it take for your investment to grow to $9,140.20?
A) 5.14
B) 5.71
C) 6.35
D) 7.05
E) 7.84
Correct Answer:
Verified
Correct Answer:
Verified
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