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Gianni Invested $10,000 at a Rate of 6% Compounded Annually

Question 4

Multiple Choice

Gianni invested $10,000 at a rate of 6% compounded annually.How long will it take for the investment to grow to $40,000?

A) 1.33 years
B) 4.00 years
C) 23.79 years
D) 50.00 years

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